Atlantic Stock To Go Ex-dividend Tuesday (AT)

NEW YORK ( TheStreet) -- The ex-dividend date for Atlantic Power Corporation (NYSE: AT) is Tuesday, May 29, 2012. Owners of shares as of market close today will be eligible for a dividend of 10 cents per share. At a price of $13.72 as of 9:30 a.m. ET, the dividend yield is 8.4%.

The average volume for Atlantic has been 390,200 shares per day over the past 30 days. Atlantic has a market cap of $1.59 billion and is part of the utilities sector and utilities industry. Shares are down 4.1% year to date as of the close of trading on Thursday.

Atlantic Power Corporation operates as a power generation and infrastructure company with a portfolio of assets in the United States and Canada.

TheStreet Ratings rates Atlantic as a sell. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, generally weak debt management and generally disappointing historical performance in the stock itself. You can view the full Atlantic Ratings Report.

See our dividend calendar or top-yielding stocks list.

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