Basic Sanitation Company Of The State Of Sa Stock To Go Ex-dividend Tomorrow (SBS)

NEW YORK ( TheStreet) -- The ex-dividend date for Basic Sanitation Company of the State of Sa (NYSE: SBS) is tomorrow, February 17, 2012. Owners of shares as of market close today will be eligible for a dividend of $2.49 per share. At a price of $74.15 as of 9:30 a.m. ET, the dividend yield is 4.5%.

The average volume for Basic Sanitation Company of the State of Sa has been 206,400 shares per day over the past 30 days. Basic Sanitation Company of the State of Sa has a market cap of $7.06 billion and is part of the utilities sector and utilities industry. Shares are up 33.6% year to date as of the close of trading on Wednesday.

Companhia de Saneamento B sico do Estado de Sao Paulo - SABESP provides water and sewage services to residential, commercial, industrial, and governmental customers in the State of Sao Paulo. The company has a P/E ratio of 16, above the average utilities industry P/E ratio of 15.3 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Basic Sanitation Company of the State of Sa as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, 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 sub par growth in net income. You can view the full Basic Sanitation Company of the State of Sa Ratings Report.

See our dividend calendar or top-yielding stocks list.
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