Energy Transfer Partners L.P Stock To Go Ex-dividend Tomorrow (ETP)

NEW YORK ( TheStreet) -- The ex-dividend date for Energy Transfer Partners L.P (NYSE: ETP) is tomorrow, August 2, 2012. Owners of shares as of market close today will be eligible for a dividend of 87 cents per share. At a price of $45.90 as of 9:30 a.m. ET, the dividend yield is 7.8%.

The average volume for Energy Transfer Partners L.P has been 1.5 million shares per day over the past 30 days. Energy Transfer Partners L.P has a market cap of $10.55 billion and is part of the basic materials sector and energy industry. Shares are down 0.1% year to date as of the close of trading on Tuesday.

Energy Transfer Partners, L.P. engages in the natural gas midstream, and intrastate transportation and storage businesses in the United States. The company has a P/E ratio of 9.7, equal to the average energy industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Energy Transfer Partners L.P as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, impressive record of earnings per share growth, notable return on equity and expanding profit margins. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full Energy Transfer Partners L.P Ratings Report.

See our dividend calendar or top-yielding stocks list.
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