Xcel Energy Stock To Go Ex-dividend Tomorrow (XEL)

NEW YORK ( TheStreet) -- The ex-dividend date for Xcel Energy (NYSE: XEL) is tomorrow, March 20, 2012. Owners of shares as of market close today will be eligible for a dividend of 26 cents per share. At a price of $26.38 as of 9:30 a.m. ET, the dividend yield is 3.9%.

The average volume for Xcel Energy has been 2.5 million shares per day over the past 30 days. Xcel Energy has a market cap of $12.86 billion and is part of the utilities sector and utilities industry. Shares are down 4.5% year to date as of the close of trading on Friday.

Xcel Energy Inc., through its subsidiaries, engages in the generation, purchase, transmission, distribution, and sale of electricity to residential, commercial, and industrial customers, as well as to public authorities in the United States. The company has a P/E ratio of 15.3, equal to the average utilities industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Xcel Energy as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, increase in net income, notable return on equity and solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Xcel Energy Ratings Report.

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