Integrys Energy Group Stock To Go Ex-dividend Tuesday (TEG)

NEW YORK ( TheStreet) -- The ex-dividend date for Integrys Energy Group (NYSE: TEG) is Tuesday, May 29, 2012. Owners of shares as of market close today will be eligible for a dividend of 68 cents per share. At a price of $54.76 as of 9:30 a.m. ET, the dividend yield is 5%.

The average volume for Integrys Energy Group has been 483,200 shares per day over the past 30 days. Integrys Energy Group has a market cap of $4.25 billion and is part of the utilities sector and utilities industry. Shares are up 1.1% year to date as of the close of trading on Thursday.

Integrys Energy Group, Inc., an energy holding company, engages in natural gas and electric utility operations, and non regulated energy operations in the United States and Canada. The company has a P/E ratio of 21.4, above the average utilities industry P/E ratio of 21.1 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Integrys Energy Group as a buy. 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 attractive valuation levels. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Integrys Energy Group Ratings Report.

See our dividend calendar or top-yielding stocks list.
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