Xcel Energy Stock To Go Ex-dividend Tomorrow (XEL)

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 Xcel Energy (NYSE: XEL) is tomorrow, September 18, 2012. Owners of shares as of market close today will be eligible for a dividend of 27 cents per share. At a price of $28.18 as of 9:30 a.m. ET, the dividend yield is 3.8%.

The average volume for Xcel Energy has been 2.2 million shares per day over the past 30 days. Xcel Energy has a market cap of $13.81 billion and is part of the utilities sector and utilities industry. Shares are up 2.5% year to date as of the close of trading on Friday.

Xcel Energy Inc., through its subsidiaries, engages in the generation, purchase, transmission, distribution, and sale of electricity in the United States. The company generates electricity using coal, natural gas, nuclear, hydro, solar, waste, biomass, oil, and wind energy sources. The company has a P/E ratio of 16.4, equal to the average utilities industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Xcel Energy 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, notable return on equity, increase in stock price during the past year and reasonable valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Xcel Energy Ratings Report.

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