NorthWestern Stock To Go Ex-dividend Tomorrow (NWE)

NEW YORK ( TheStreet) -- The ex-dividend date for NorthWestern Corporation (NYSE: NWE) is tomorrow, March 13, 2012. Owners of shares as of market close today will be eligible for a dividend of 37 cents per share. At a price of $35.55 as of 9:30 a.m. ET, the dividend yield is 4.2%.

The average volume for NorthWestern has been 230,600 shares per day over the past 30 days. NorthWestern has a market cap of $1.26 billion and is part of the utilities sector and utilities industry. Shares are down 0.9% year to date as of the close of trading on Friday.

Northwestern Corporation, doing business as NorthWestern Energy, provides electricity and natural gas in Montana, South Dakota, and Nebraska, the United States. The company has a P/E ratio of 13.9, below the average utilities industry P/E ratio of 15.6 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates NorthWestern as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, compelling growth in net income, notable return on equity and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full NorthWestern Ratings Report.

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