The ex-dividend date for Nustar GP Holdings (NYSE:NSH) is tomorrow, February 3, 2012. Owners of shares as of market close today will be eligible for a dividend of 51 cents per share. At a price of $33.86 as of 9:30 a.m., the dividend yield is 6.1%.
NEW YORK ( TheStreet) -- The ex-dividend date for Nustar GP Holdings (NYSE: NSH) is tomorrow, February 3, 2012. Owners of shares as of market close today will be eligible for a dividend of 51 cents per share. At a price of $33.86 as of 9:30 a.m. ET, the dividend yield is 6.1%. The average volume for Nustar GP has been 101,000 shares per day over the past 30 days. Nustar GP has a market cap of $1.4 billion and is part of the basic materials sector and energy industry. Shares are up 2.4% year to date as of the close of trading on Wednesday. NuStar GP Holdings, LLC owns general partner and limited partner interests in NuStar Energy L.P. that engages in the terminalling and storage of petroleum products, transportation of petroleum products and anhydrous ammonia, and marketing of asphalt and fuels. The company has a P/E ratio of 20.5, below the average energy industry P/E ratio of 21.4 and above the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Nustar GP as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, disappointing return on equity and weak operating cash flow. You can view the full Nustar GP Ratings Report. See our dividend calendar or top-yielding stocks list.