Centrais Eletricas Brasileiras Stock To Go Ex-dividend Tomorrow (EBR)

NEW YORK ( TheStreet) -- The ex-dividend date for Centrais Eletricas Brasileiras (NYSE: EBR) is tomorrow, May 18, 2012. Owners of shares as of market close today will be eligible for a dividend of 54 cents per share. At a price of $8.01 as of 9:31 a.m. ET, the dividend yield is 1.4%. The average volume for Centrais Eletricas Brasileiras has been one million shares per day over the past 30 days. Centrais Eletricas Brasileiras has a market cap of $10.48 billion and is part of the utilities sector and utilities industry. Shares are down 20.2% year to date as of the close of trading on Wednesday. Centrais Eletricas Brasileiras S.A. Eletrobras, together with its subsidiaries, engages in the generation, transmission, and distribution of electric energy in Brazil.

TheStreet Ratings rates Centrais Eletricas Brasileiras as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow, poor profit margins and a generally disappointing performance in the stock itself. You can view the full Centrais Eletricas Brasileiras Ratings Report. See our dividend calendar or top-yielding stocks list.