National Electricity Company Of Chile Stock To Go Ex-dividend Tomorrow (EOC)

NEW YORK ( TheStreet) -- The ex-dividend date for National Electricity Company of Chile (NYSE: EOC) is tomorrow, May 9, 2012. Owners of shares as of market close today will be eligible for a dividend of $1.37 per share. At a price of $54.25 as of 9:30 a.m. ET, the dividend yield is 3%.

The average volume for National Electricity Company of Chile has been 116,900 shares per day over the past 30 days. National Electricity Company of Chile has a market cap of $14.76 billion and is part of the utilities sector and utilities industry. Shares are up 22.1% year to date as of the close of trading on Monday.

Empresa Nacional de Electricidad S.A., together with its subsidiaries, engages in the generation, transmission, production, and distribution of electricity. The company has a P/E ratio of 23.8, above the average utilities industry P/E ratio of 17.9 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates National Electricity Company of Chile 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 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 Electricity Company of Chile Ratings Report.

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