Western Refining Stock To Go Ex-dividend Tomorrow (WNR)

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 Western Refining (NYSE: WNR) is tomorrow, October 24, 2012. Owners of shares as of market close today will be eligible for a dividend of 8 cents per share. At a price of $24.55 as of 9:30 a.m. ET, the dividend yield is 1.3%.

The average volume for Western Refining has been 1.9 million shares per day over the past 30 days. Western Refining has a market cap of $2.32 billion and is part of the basic materials sector and energy industry. Shares are up 89.2% year to date as of the close of trading on Monday.

Western Refining, Inc. operates as an independent crude oil refiner and marketer of refined products. The company operates in three segments: Refining Group, Wholesale Group, and Retail Group. The company has a P/E ratio of 12.8, below the average energy industry P/E ratio of 13.9 and below the S&P 500 P/E ratio of 17.7.

  • ACTIVE STOCK TRADERS: Get full access to Jim Cramer's thoughts for less than $3/week - sometimes before he says them on TV! Start with a 14-Day Free Trial.

TheStreet Ratings rates Western Refining as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, good cash flow from operations, solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Western Refining 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.
null

If you liked this article you might like

Tesoro Shares Rise on Better-Than-Expected Earnings

Marathon Petroleum Stock Could Surge -- Here's Why

Mad Money Lightning Round: Cramer Doesn't Want Health-Care Headaches

Jim Cramer's Mad Money: Keep One Eye on Earnings, the Other on Politics Next Week

Dow Off Highs as Crude Oil Makes Turn Lower