Wisconsin Energy Stock To Go Ex-dividend Tomorrow (WEC)
The ex-dividend date for Wisconsin Energy Corporation (NYSE:WEC) is tomorrow, February 12, 2013. Owners of shares as of market close today will be eligible for a dividend of 34 cents per share. At a price of $40.10 as of 9:30 a.m., the dividend yield is 3.4%.
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 Wisconsin Energy Corporation (NYSE: WEC) is tomorrow, February 12, 2013. Owners of shares as of market close today will be eligible for a dividend of 34 cents per share. At a price of $40.10 as of 9:30 a.m. ET, the dividend yield is 3.4%. The average volume for Wisconsin Energy has been 1.3 million shares per day over the past 30 days. Wisconsin Energy has a market cap of $9.2 billion and is part of the utilities sector and utilities industry. Shares are up 8.5% year to date as of the close of trading on Friday. Wisconsin Energy Corporation generates and distributes electric energy, as well as distributes natural gas. It generates electricity from coal, natural gas, wind, and hydro sources. The company has a P/E ratio of 17, below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Wisconsin Energy as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, increase in net income, notable return on equity and expanding profit margins. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. You can view the full Wisconsin Energy Ratings Report. See our dividend calendar or top-yielding stocks list. It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE.