NEW YORK ( TheStreet) -- The ex-dividend date for Ameren (NYSE: AEE) is Monday, March 12, 2012. Owners of shares as of market close today will be eligible for a dividend of 40 cents per share. At a price of $31.89 as of 9:40 a.m. ET, the dividend yield is 5%. The average volume for Ameren has been 2.1 million shares per day over the past 30 days. Ameren has a market cap of $7.57 billion and is part of the utilities sector and utilities industry. Shares are down 3.7% year to date as of the close of trading on Thursday. Ameren Corporation, through its subsidiaries, operates as a public utility company in Missouri and Illinois, the United States. The company has a P/E ratio of 12.5, below the average utilities industry P/E ratio of 13.9 and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Ameren 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 Ameren Ratings Report. See our dividend calendar or top-yielding stocks list.