EV Energy Partner Stock To Go Ex-dividend Tomorrow (EVEP)
The ex-dividend date for EV Energy Partner (Nasdaq:EVEP) is tomorrow, May 4, 2012. Owners of shares as of market close today will be eligible for a dividend of 76 cents per share. At a price of $63.91 as of 9:30 a.m., the dividend yield is 4.7%.
NEW YORK ( TheStreet) -- The ex-dividend date for EV Energy Partner (Nasdaq: EVEP) is tomorrow, May 4, 2012. Owners of shares as of market close today will be eligible for a dividend of 76 cents per share. At a price of $63.91 as of 9:30 a.m. ET, the dividend yield is 4.7%. The average volume for EV Energy Partner has been 357,700 shares per day over the past 30 days. EV Energy Partner has a market cap of $2.48 billion and is part of the basic materials sector and energy industry. Shares are down 3.6% year to date as of the close of trading on Wednesday. EV Energy Partners, L.P. engages in the acquisition, development, and production of oil and natural gas properties in the United States. The company has a P/E ratio of 24, equal to the average energy industry P/E ratio and above the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates EV Energy Partner as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, expanding profit margins and increase in net income. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, weak operating cash flow and generally poor debt management. You can view the full EV Energy Partner Ratings Report. See our dividend calendar or top-yielding stocks list.