EV Energy Partner Stock To Go Ex-dividend Tomorrow (EVEP)

NEW YORK ( TheStreet) -- The ex-dividend date for EV Energy Partner (Nasdaq: EVEP) is tomorrow, January 26, 2012. Owners of shares as of market close today will be eligible for a dividend of 76 cents per share. At a price of $64.16 as of 9:30 a.m. ET, the dividend yield is 4.6%.

The average volume for EV Energy Partner has been 276,900 shares per day over the past 30 days. EV Energy Partner has a market cap of $2.27 billion and is part of the basic materials sector and energy industry. Shares are down 2.7% year to date as of the close of trading on Tuesday.

EV Energy Partners, L.P. engages in the acquisition, development, and production of oil and natural gas properties in the United States. The company has a P/E ratio of 38.7, below the average energy industry P/E ratio of 42.4 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates EV Energy Partner as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins, good cash flow from operations 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 EV Energy Partner Ratings Report.

See our dividend calendar or top-yielding stocks list.
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