Range Stock To Go Ex-dividend Tomorrow (RRC)

NEW YORK ( TheStreet) -- The ex-dividend date for Range Resources Corporation (NYSE: RRC) is tomorrow, March 13, 2012. Owners of shares as of market close today will be eligible for a dividend of 4 cents per share. At a price of $63.42 as of 9:30 a.m. ET, the dividend yield is 0.2%.

The average volume for Range has been 2.4 million shares per day over the past 30 days. Range has a market cap of $9.22 billion and is part of the basic materials sector and energy industry. Shares are up 2.5% year to date as of the close of trading on Friday.

Range Resources Corporation operates as an independent natural gas, natural gas liquids (NGLs), and oil company. It engages in the acquisition, exploration, and development of natural gas and oil properties primarily in the Appalachian and southwestern regions of the United States. The company has a P/E ratio of 247.3, above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Range as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and generally poor debt management. You can view the full Range Ratings Report.

See our dividend calendar or top-yielding stocks list.

null

More from Markets

Dow Drops Over 100 Points on Trade War Worries

Dow Drops Over 100 Points on Trade War Worries

Video: Athens Stock Exchange CEO on What's Next for Greece's Debt Woes

Video: Athens Stock Exchange CEO on What's Next for Greece's Debt Woes

What Angela Merkel's Uncertain Political Future Means for Greece's Debt Woes

What Angela Merkel's Uncertain Political Future Means for Greece's Debt Woes

3 Must Reads on the Market From TheStreet's Top Columnists

3 Must Reads on the Market From TheStreet's Top Columnists

Goldman Is Bullish on Oil, Sees Demand Outweighing Inventory Concern

Goldman Is Bullish on Oil, Sees Demand Outweighing Inventory Concern