NEW YORK ( TheStreet) -- The ex-dividend date for Hugoton Royalty (NYSE: HGT) is Monday, November 28, 2011. Owners of shares as of market close today will be eligible for a dividend of 11 cents per share. At a price of $21.14 as of 9:30 a.m. ET, the dividend yield is 6.3%.

The average volume for Hugoton Royalty has been 121,900 shares per day over the past 30 days. Hugoton Royalty has a market cap of $848.4 million and is part of the basic materials sector and energy industry. Shares are up 2.9% year to date as of the close of trading on Wednesday.

Hugoton Royalty Trust operates as an express trust in the United States. It holds an 80% net profits interests in certain natural gas producing working interest properties of XTO Energy Inc. XTO Energy Inc. engages in the production and sale of oil and gas. XTO Energy Inc. The company has a P/E ratio of 13.6, below the average energy industry P/E ratio of 15.5 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Hugoton Royalty as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full Hugoton Royalty Ratings Report.

See our dividend calendar or top-yielding stocks list.
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