The ex-dividend date for Enersis (NYSE:ENI) is tomorrow, January 18, 2012. Owners of shares as of market close today will be eligible for a dividend of 14 cents per share. At a price of $18 as of 9:30 a.m., the dividend yield is 3.1%.
NEW YORK ( TheStreet) -- The ex-dividend date for Enersis (NYSE: ENI) is tomorrow, January 18, 2012. Owners of shares as of market close today will be eligible for a dividend of 14 cents per share. At a price of $18 as of 9:30 a.m. ET, the dividend yield is 3.1%. The average volume for Enersis has been 471,500 shares per day over the past 30 days. Enersis has a market cap of $11.57 billion and is part of the utilities sector and utilities industry. Shares are up 0.5% year to date as of the close of trading on Friday. Enersis S.A., an electric utility company, engages in the generation, transmission, and distribution of electricity in Chile, Argentina, Brazil, Colombia, and Peru. It owns and operates hydroelectric, thermal, and wind power plants. The company has a P/E ratio of 11.9, above the average utilities industry P/E ratio of 9.5 and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Enersis as a buy. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, good cash flow from operations, expanding profit margins, notable return on equity and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. You can view the full Enersis Ratings Report. See our dividend calendar or top-yielding stocks list.