Tesoro Stock To Go Ex-dividend Tomorrow (TSO)

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NEW YORK ( TheStreet) -- The ex-dividend date for Tesoro Corporation (NYSE: TSO) is tomorrow, November 28, 2012. Owners of shares as of market close today will be eligible for a dividend of 15 cents per share. At a price of $41.19 as of 9:30 a.m. ET, the dividend yield is 1.4%.

The average volume for Tesoro has been 3.4 million shares per day over the past 30 days. Tesoro has a market cap of $5.89 billion and is part of the basic materials sector and energy industry. Shares are up 79.5% year to date as of the close of trading on Monday.

Tesoro Corporation, together with its subsidiaries, engages in refining and marketing petroleum products in the United States. It operates in two segments, Refining and Retail. The company has a P/E ratio of 9.9, below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Tesoro as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, attractive valuation levels and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Tesoro Ratings Report.

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