NEW YORK ( TheStreet) -- The ex-dividend date for Northeast Utilities (NYSE: NU) is tomorrow, May 30, 2012. Owners of shares as of market close today will be eligible for a dividend of 34 cents per share. At a price of $36.45 as of 9:30 a.m. ET, the dividend yield is 3.8%. The average volume for Northeast Utilities has been 2.4 million shares per day over the past 30 days. Northeast Utilities has a market cap of $11.4 billion and is part of the utilities sector and utilities industry. Shares are up 0.8% year to date as of the close of trading on Friday. Northeast Utilities, a public utility holding company, provides electric and natural gas energy delivery services to residential, commercial, and industrial customers in Connecticut, New Hampshire, and western Massachusetts. The company has a P/E ratio of 17, equal to the average utilities industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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