Northeast Utilities Stock To Go Ex-dividend Tomorrow (NU)

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 Northeast Utilities (NYSE: NU) is tomorrow, February 27, 2013. Owners of shares as of market close today will be eligible for a dividend of 37 cents per share. At a price of $41.18 as of 9:31 a.m. ET, the dividend yield is 3.5%.

The average volume for Northeast Utilities has been 1.8 million shares per day over the past 30 days. Northeast Utilities has a market cap of $13.01 billion and is part of the utilities sector and utilities industry. Shares are up 6% year to date as of the close of trading on Monday.

Northeast Utilities, a public utility holding company, provides energy delivery services to residential, commercial, and industrial customers in Connecticut, New Hampshire, and Massachusetts. The company has a P/E ratio of 18.2, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Northeast Utilities as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, growth in earnings per share, increase in net income, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full Northeast Utilities Ratings Report.

See our dividend calendar or top-yielding stocks list.

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