Public Service Enterprise Group Stock To Go Ex-dividend Tomorrow (PEG)

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 Public Service Enterprise Group (NYSE: PEG) is tomorrow, December 5, 2012. Owners of shares as of market close today will be eligible for a dividend of 36 cents per share. At a price of $29.87 as of 9:30 a.m. ET, the dividend yield is 4.7%.

The average volume for Public Service Enterprise Group has been 2.4 million shares per day over the past 30 days. Public Service Enterprise Group has a market cap of $15.22 billion and is part of the utilities sector and utilities industry. Shares are down 9.6% year to date as of the close of trading on Monday.

Public Service Enterprise Group Incorporated, through its subsidiaries, operates as an energy company primarily in the northeastern and mid Atlantic United States. The company has a P/E ratio of 10.8, below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Public Service Enterprise Group as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Public Service Enterprise Group Ratings Report.

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