NEW YORK ( TheStreet) -- The ex-dividend date for EXCO Resources (NYSE: XCO) 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 $6.95 as of 9:30 a.m. ET, the dividend yield is 2.3%.

The average volume for EXCO has been 3.4 million shares per day over the past 30 days. EXCO has a market cap of $1.78 billion and is part of the basic materials sector and energy industry. Shares are down 33.5% year to date as of the close of trading on Friday.

EXCO Resources, Inc., an independent oil and natural gas company, engages in the exploration, exploitation, development, and production of onshore U.S. oil and natural gas properties with a focus on shale resource plays. The company has a P/E ratio of 69.7, above the average energy industry P/E ratio of 15.6 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates EXCO as a sell. The company's weaknesses can be seen in multiple areas, such as its generally disappointing historical performance in the stock itself, deteriorating net income, disappointing return on equity, generally weak debt management and feeble growth in its earnings per share. You can view the full EXCO Ratings Report.

See our dividend calendar or top-yielding stocks list.