The ex-dividend date for Encana (NYSE:ECA) is tomorrow, September 12, 2012. Owners of shares as of market close today will be eligible for a dividend of 20 cents per share. At a price of $22.73 as of 9:30 a.m., the dividend yield is 3.5%.
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 Encana (NYSE: ECA) is tomorrow, September 12, 2012. Owners of shares as of market close today will be eligible for a dividend of 20 cents per share. At a price of $22.73 as of 9:30 a.m. ET, the dividend yield is 3.5%. The average volume for Encana has been 6.7 million shares per day over the past 30 days. Encana has a market cap of $16.69 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 Monday. Encana Corporation and its subsidiaries engage in the exploration for, development, production, and marketing of natural gas, oil, and natural gas liquids.
TheStreet Ratings rates Encana as a hold. The company's strongest point has been its a solid financial position based on a variety of debt and liquidity measures that we have looked at. At the same time, however, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity. You can view the full Encana Ratings Report. See our dividend calendar or top-yielding stocks list. FREE from Real Money's Jim Cramer: Winners and Losers Election 2012 - Steps to take NOW so you can profit no matter who is in charge! Free download now.