Pepco Stock To Go Ex-dividend Tomorrow (POM)

NEW YORK ( TheStreet) -- The ex-dividend date for Pepco Holdings (NYSE: POM) is tomorrow, June 7, 2012. Owners of shares as of market close today will be eligible for a dividend of 27 cents per share. At a price of $19.40 as of 9:35 a.m. ET, the dividend yield is 5.7%.

The average volume for Pepco has been 2.2 million shares per day over the past 30 days. Pepco has a market cap of $4.4 billion and is part of the utilities sector and utilities industry. Shares are down 4.8% year to date as of the close of trading on Tuesday.

Pepco Holdings, Inc., through its subsidiaries, engages in the transmission, distribution, and supply of electricity. The company also distributes and supplies natural gas. The company has a P/E ratio of 16.3, below the average utilities industry P/E ratio of 16.6 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Pepco as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Pepco Ratings Report.

See our dividend calendar or top-yielding stocks list.

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