Energy Transfer Partners L.P Stock To Go Ex-dividend Tomorrow (ETP)

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 Energy Transfer Partners L.P (NYSE: ETP) is tomorrow, November 2, 2012. Owners of shares as of market close today will be eligible for a dividend of 87 cents per share. At a price of $43.03 as of 9:30 a.m. ET, the dividend yield is 8.3%.

The average volume for Energy Transfer Partners L.P has been two million shares per day over the past 30 days. Energy Transfer Partners L.P has a market cap of $10.55 billion and is part of the basic materials sector and energy industry. Shares are down 6.7% year to date as of the close of trading on Wednesday.

Energy Transfer Partners, L.P. engages in the natural gas midstream, and intrastate transportation and storage businesses in the United States. The company has a P/E ratio of 9.4, equal to the average energy industry P/E ratio 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 Energy Transfer Partners L.P as a buy. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Energy Transfer Partners L.P 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

Energy Transfer Partners Selloff Is Long in the Tooth

Energy Transfer Partners Sues Greenpeace

Senator Debbie Stabenow Takes On Kid Rock and Michigan Pipeline On The Same Day

Energy Transfer's Pipeline Spill Problem Is Causing It Another Headache

Sirius XM Radio, Shopify, Teledoc, Tyson Foods: 'Mad Money' Lightning Round