Ensco Stock To Go Ex-dividend Tomorrow (ESV)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

NEW YORK ( TheStreet) -- The ex-dividend date for Ensco (NYSE: ESV) is tomorrow, September 6, 2012. Owners of shares as of market close today will be eligible for a dividend of 38 cents per share. At a price of $57.33 as of 9:35 a.m. ET, the dividend yield is 2.6%.

The average volume for Ensco has been 3.8 million shares per day over the past 30 days. Ensco has a market cap of $13.31 billion and is part of the basic materials sector and energy industry. Shares are up 22.3% year to date as of the close of trading on Tuesday.

Ensco plc provides offshore contract drilling services to the oil and gas industry worldwide. The company has a P/E ratio of 12.4, below the average energy industry P/E ratio of 12.6 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Ensco as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, expanding profit margins, good cash flow from operations and compelling growth in net income. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full Ensco Ratings Report.

See our dividend calendar or top-yielding stocks list.

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