Hess Stock To Go Ex-dividend Tomorrow (HES)

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 Hess (NYSE: HES) is tomorrow, March 13, 2013. Owners of shares as of market close today will be eligible for a dividend of 10 cents per share. At a price of $70.09 as of 9:31 a.m. ET, the dividend yield is 0.6%.

The average volume for Hess has been 4.5 million shares per day over the past 30 days. Hess has a market cap of $23.73 billion and is part of the basic materials sector and energy industry. Shares are up 32% year to date as of the close of trading on Monday.

Hess Corporation, together with its subsidiaries, operates as an independent energy company worldwide. It operates in two segments, Exploration and Production (E&P), and Marketing and Refining (M&R). The company has a P/E ratio of 11.7, below the S&P 500 P/E ratio of 17.7.

  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

TheStreet Ratings rates Hess as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, attractive valuation levels, good cash flow from operations and increase in stock price during the past year. 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 Hess 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.
null

If you liked this article you might like

It's Finally Time to Look at Oil Stocks

The Stock Market Is on Fire, Especially in These Sectors: Market Recon