Wisconsin Energy Stock To Go Ex-dividend Tomorrow (WEC)
The ex-dividend date for Wisconsin Energy Corporation (NYSE:WEC) is tomorrow, May 10, 2013. Owners of shares as of market close today will be eligible for a dividend of 34 cents per share. At a price of $43.91 as of 9:35 a.m., the dividend yield is 3.1%.
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, May 10, 2013. Owners of shares as of market close today will be eligible for a dividend of 34 cents per share. At a price of $43.91 as of 9:35 a.m. ET, the dividend yield is 3.1%. The average volume for Wisconsin Energy has been 1.2 million shares per day over the past 30 days. Wisconsin Energy has a market cap of $10.11 billion and is part of the utilities sector and utilities industry. Shares are up 18.9% year to date as of the close of trading on Wednesday. Wisconsin Energy Corporation, through its subsidiaries, generates and distributes electric energy, as well as distributes natural gas. The company operates in two segments, Utility Energy and Non-Utility Energy. It generates electricity from coal, natural gas, wind, biomass, and hydro sources. The company has a P/E ratio of 18.7, above 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 Wisconsin Energy as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, increase in net income and notable return on equity. 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. Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100% See his top picks for 14-days FREE.