Dominion Stock To Go Ex-dividend Tomorrow (D)

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 Dominion Resources (NYSE: D) is tomorrow, November 28, 2012. Owners of shares as of market close today will be eligible for a dividend of 53 cents per share. At a price of $50.62 as of 9:30 a.m. ET, the dividend yield is 4.2%.

The average volume for Dominion has been two million shares per day over the past 30 days. Dominion has a market cap of $28.8 billion and is part of the utilities sector and utilities industry. Shares are down 5.6% year to date as of the close of trading on Monday.

Dominion Resources, Inc., together with its subsidiaries, engages in producing and transporting energy in the United States. It operates in three segments: DVP, Dominion Generation, and Dominion Energy. The company has a P/E ratio of 24.7, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Dominion as a buy. The company's strongest point has been its very decent return on equity which we feel should persist. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Dominion Ratings Report.

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