NEW YORK ( TheStreet) -- The ex-dividend date for Westar Energy (NYSE: WR) is tomorrow, March 7, 2012. Owners of shares as of market close today will be eligible for a dividend of 33 cents per share. At a price of $27.70 as of 9:30 a.m. ET, the dividend yield is 4.8%. The average volume for Westar Energy has been 980,800 shares per day over the past 30 days. Westar Energy has a market cap of $3.3 billion and is part of the utilities sector and utilities industry. Shares are down 3.3% year to date as of the close of trading on Monday. Westar Energy, Inc., an electric utility company, engages in the generation, transmission, and distribution of electricity. It produces electricity through various sources, including coal, wind, nuclear, natural gas, oil, and diesel. The company has a P/E ratio of 14.2, below the average utilities industry P/E ratio of 15.4 and below the S&P 500 P/E ratio of 17.7.
- Sign up for TheStreet's FREE Dividend and Income Investor Newsletter