Aegean Marine Petroleum Network Stock To Go Ex-dividend Tomorrow (ANW)

NEW YORK ( TheStreet) -- The ex-dividend date for Aegean Marine Petroleum Network (NYSE: ANW) is tomorrow, May 25, 2012. Owners of shares as of market close today will be eligible for a dividend of one cent per share. At a price of $5.37 as of 9:30 a.m. ET, the dividend yield is 0.7%.

The average volume for Aegean Marine Petroleum Network has been 358,100 shares per day over the past 30 days. Aegean Marine Petroleum Network has a market cap of $247.8 million and is part of the services sector and wholesale industry. Shares are up 31.4% year to date as of the close of trading on Wednesday.

Aegean Marine Petroleum Network, Inc., together with its subsidiaries, operates as a marine fuel logistics company that supplies and markets refined marine fuel and lubricants to ships at ports, sea, and rivers. The company has a P/E ratio of 29.8, above the average wholesale industry P/E ratio of 24.4 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Aegean Marine Petroleum Network as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and poor profit margins. You can view the full Aegean Marine Petroleum Network Ratings Report.

See our dividend calendar or top-yielding stocks list.

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