NEW YORK ( TheStreet) -- The ex-dividend date for Eni SpA (NYSE: E) is Monday, May 21, 2012. Owners of shares as of market close today will be eligible for a dividend of $1.10 per share. At a price of $40.58 as of 9:30 a.m. ET, the dividend yield is 5.2%. The average volume for Eni SpA has been 645,900 shares per day over the past 30 days. Eni SpA has a market cap of $73.72 billion and is part of the basic materials sector and energy industry. Shares are down 2.3% year to date as of the close of trading on Thursday. Eni SpA, an integrated energy company, engages in the exploration, production, transportation, transformation, and marketing of oil and natural gas. The company has a P/E ratio of 4.2, below the average energy industry P/E ratio of 6.8 and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Eni SpA as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, revenue growth, attractive valuation levels and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Eni SpA Ratings Report. See our dividend calendar or top-yielding stocks list.