Enersis Stock To Go Ex-dividend Tomorrow (ENI)

NEW YORK ( TheStreet) -- The ex-dividend date for Enersis (NYSE: ENI) is tomorrow, May 15, 2012. Owners of shares as of market close today will be eligible for a dividend of 43 cents per share. At a price of $19.33 as of 9:30 a.m. ET, the dividend yield is 2.8%.

The average volume for Enersis has been 544,100 shares per day over the past 30 days. Enersis has a market cap of $12.8 billion and is part of the utilities sector and utilities industry. Shares are up 10.8% year to date as of the close of trading on Friday.

Enersis S.A., an electric utility company, engages in the generation, transmission, and distribution of electricity in Chile, Argentina, Brazil, Colombia, and Peru. It owns and operates hydroelectric, thermal, and wind power plants. The company has a P/E ratio of 13.2, below the average utilities industry P/E ratio of 16.5 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Enersis as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. You can view the full Enersis Ratings Report.

See our dividend calendar or top-yielding stocks list.
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