Ecopetrol S.A Stock To Go Ex-dividend Tomorrow (EC)

NEW YORK ( TheStreet) -- The ex-dividend date for Ecopetrol S.A (NYSE: EC) is tomorrow, April 19, 2012. Owners of shares as of market close today will be eligible for a dividend of $3.39 per share. At a price of $64.27 as of 3:15 p.m. ET, the dividend yield is 6.3%.

The average volume for Ecopetrol S.A has been 532,700 shares per day over the past 30 days. Ecopetrol S.A has a market cap of $128.76 billion and is part of the basic materials sector and energy industry. Shares are up 44.7% year to date as of the close of trading on Tuesday.

Ecopetrol S.A. operates as an integrated oil company in Colombia, Peru, Brazil, and the U.S. Gulf Coast. The company engages in the exploration, development, and production of crude oil and natural gas. The company has a P/E ratio of 17.7, and equal to the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Ecopetrol S.A as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full Ecopetrol S.A Ratings Report.

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