NEW YORK ( TheStreet) -- The ex-dividend date for Nstar (NYSE: NST) is tomorrow, February 28, 2012. Owners of shares as of market close today will be eligible for a dividend of 45 cents per share. At a price of $46.80 as of 9:30 a.m. ET, the dividend yield is 3.8%. The average volume for Nstar has been 364,500 shares per day over the past 30 days. Nstar has a market cap of $4.63 billion and is part of the utilities sector and utilities industry. Shares are down 0.3% year to date as of the close of trading on Friday. NSTAR, through its subsidiaries, engages in sale, distribution, and transmission of electricity and natural gas to commercial, industrial, and residential customers in Massachusetts. The company has a P/E ratio of 18.1, above the average utilities industry P/E ratio of 17.7 and above the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Nstar as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full Nstar Ratings Report. See our dividend calendar or top-yielding stocks list.
Nstar (NYSE:NST) hit a new 52-week high Tuesday as it is currently trading at $48.87, above its previous 52-week high of $48.66 with 144,998 shares traded as of 3:30 p.m. ET. Average volume has been 364,500 shares over the past 30 days.
Nstar (NYSE:NST) hit a new 52-week high Monday as it is currently trading at $47.62, above its previous 52-week high of $47.59 with 124,806 shares traded as of 1:47 p.m. ET. Average volume has been 364,500 shares over the past 30 days.