National Electricity Company Of Chile Stock To Go Ex-dividend Tomorrow (EOC)

NEW YORK ( TheStreet) -- The ex-dividend date for National Electricity Company of Chile (NYSE: EOC) is tomorrow, January 11, 2012. Owners of shares as of market close today will be eligible for a dividend of 29 cents per share. At a price of $45.98 as of 9:45 a.m. ET, the dividend yield is 4.2%.

The average volume for National Electricity Company of Chile has been 133,300 shares per day over the past 30 days. National Electricity Company of Chile has a market cap of $12.3 billion and is part of the utilities sector and utilities industry. Shares are up 2.3% year to date as of the close of trading on Monday.

Empresa Nacional de Electricidad S.A., together with its subsidiaries, engages in the generation, transmission, production, and distribution of electricity. The company has a P/E ratio of 19.8, above the average utilities industry P/E ratio of 9.3 and above the S&P 500 P/E ratio of 17.7.

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

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