The ex-dividend date for EQT (NYSE:EQT) is tomorrow, August 8, 2012. Owners of shares as of market close today will be eligible for a dividend of 22 cents per share. At a price of $55.50 as of 9:30 a.m., the dividend yield is 1.6%.
NEW YORK ( TheStreet) -- The ex-dividend date for EQT (NYSE: EQT) is tomorrow, August 8, 2012. Owners of shares as of market close today will be eligible for a dividend of 22 cents per share. At a price of $55.50 as of 9:30 a.m. ET, the dividend yield is 1.6%. The average volume for EQT has been 1.8 million shares per day over the past 30 days. EQT has a market cap of $8.11 billion and is part of the utilities sector and utilities industry. Shares are down 1.1% year to date as of the close of trading on Monday. EQT Corporation, together with its subsidiaries, operates as an integrated energy company in the United States. It operates in three segments: EQT Production, EQT Midstream, and Distribution. The company has a P/E ratio of 21.9, equal to the average utilities industry P/E ratio and above the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates EQT as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full EQT Ratings Report. See our dividend calendar or top-yielding stocks list.