NEW YORK ( TheStreet) -- The ex-dividend date for WGL Holdings Incorporated (NYSE: WGL) is tomorrow, April 5, 2012. Owners of shares as of market close today will be eligible for a dividend of 40 cents per share. At a price of $40.61 as of 9:35 a.m. ET, the dividend yield is 3.9%. The average volume for WGL has been 305,000 shares per day over the past 30 days. WGL has a market cap of $2.21 billion and is part of the utilities sector and utilities industry. Shares are down 7.1% year to date as of the close of trading on Tuesday. WGL Holdings, Inc., through its subsidiaries, engages in the sale and delivery of natural gas, and provides energy-related products and services. It operates in three segments: Regulated Utility, Retail Energy-Marketing, and Design-Build Energy Systems. The company has a P/E ratio of 20.7, above the average utilities industry P/E ratio of 18.9 and above the S&P 500 P/E ratio of 17.7.
- Sign up for TheStreet's FREE Dividend and Income Investor Newsletter