NEW YORK ( TheStreet) -- The ex-dividend date for Nstar (NYSE: NST) is tomorrow, October 19, 2011. Owners of shares as of market close today will be eligible for a dividend of 43 cents per share. At a price of $43.53 as of 9:30 a.m. ET, the dividend yield is 3.9%.

The average volume for Nstar has been 380,400 shares per day over the past 30 days. Nstar has a market cap of $4.6 billion and is part of the utilities sector and utilities industry. Shares are up 4.5% year to date as of the close of trading on Monday.

NSTAR, through its subsidiaries, engages in sale, distribution, and transmission of electricity and natural gas to commercial, industrial, and residential customers in Massachusetts. The company has a P/E ratio of 19.2, equal to the average utilities industry P/E ratio and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Nstar as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Nstar Ratings Report.

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