National Fuel Gas Stock To Go Ex-dividend Tomorrow (NFG)

NEW YORK ( TheStreet) -- The ex-dividend date for National Fuel Gas Company (NYSE: NFG) is tomorrow, March 28, 2012. Owners of shares as of market close today will be eligible for a dividend of 36 cents per share. At a price of $49.47 as of 9:30 a.m. ET, the dividend yield is 2.9%.

The average volume for National Fuel Gas has been 498,800 shares per day over the past 30 days. National Fuel Gas has a market cap of $4.18 billion and is part of the utilities sector and utilities industry. Shares are down 11.2% year to date as of the close of trading on Monday.

National Fuel Gas Company operates as a diversified energy company in the United States. The company has a P/E ratio of 15.8, below the average utilities industry P/E ratio of 16.3 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates National Fuel Gas as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins, largely solid financial position with reasonable debt levels by most measures, growth in earnings per share, increase in net income and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full National Fuel Gas Ratings Report.

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