Nustar Energy L.P Stock To Go Ex-dividend Tomorrow (NS)
The ex-dividend date for Nustar Energy L.P (NYSE:NS) is tomorrow, May 4, 2012. Owners of shares as of market close today will be eligible for a dividend of $1.09 per share. At a price of $55.63 as of 9:30 a.m., the dividend yield is 7.9%.
NEW YORK ( TheStreet) -- The ex-dividend date for Nustar Energy L.P (NYSE: NS) is tomorrow, May 4, 2012. Owners of shares as of market close today will be eligible for a dividend of $1.09 per share. At a price of $55.63 as of 9:30 a.m. ET, the dividend yield is 7.9%. The average volume for Nustar Energy L.P has been 205,900 shares per day over the past 30 days. Nustar Energy L.P has a market cap of $3.91 billion and is part of the basic materials sector and energy industry. Shares are down 2% year to date as of the close of trading on Wednesday. NuStar Energy L.P. engages in the terminalling, storage, and transportation of petroleum products primarily in the United States, Canada, Mexico, the Netherlands, St. Eustatius in the Caribbean, the United Kingdom, and Turkey. The company has a P/E ratio of 20.4, above the average energy industry P/E ratio of 19.9 and above the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Nustar Energy L.P as a buy. Among the primary strengths of the company is its robust revenue growth -- not just in the most recent periods but in previous quarters as well. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Nustar Energy L.P Ratings Report. See our dividend calendar or top-yielding stocks list.