UNS Energy Stock To Go Ex-dividend Tomorrow (UNS)

NEW YORK ( TheStreet) -- The ex-dividend date for UNS Energy (NYSE: UNS) is tomorrow, June 6, 2012. Owners of shares as of market close today will be eligible for a dividend of 43 cents per share. At a price of $37.29 as of 9:30 a.m. ET, the dividend yield is 4.6%.

The average volume for UNS Energy has been 327,100 shares per day over the past 30 days. UNS Energy has a market cap of $1.5 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 Monday.

UNS Energy Corporation engages in the electric generation and energy delivery businesses. Its TEP segment generates, transmits, and distributes electricity to approximately 404,000 retail electric customers in southeastern Arizona. The company has a P/E ratio of 14.5, equal to the average utilities industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates UNS Energy as a buy. Among the primary strengths of the company is its reasonable valuation levels, considering its current price compared to earnings, book value and other measures. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. You can view the full UNS Energy Ratings Report.

See our dividend calendar or top-yielding stocks list.
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