Enbridge Stock To Go Ex-dividend Monday (ENB)

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 Enbridge (NYSE: ENB) is Monday, May 13, 2013. Owners of shares as of market close today will be eligible for a dividend of 31 cents per share. At a price of $46.65 as of 9:30 a.m. ET, the dividend yield is 2.6%.

The average volume for Enbridge has been 786,400 shares per day over the past 30 days. Enbridge has a market cap of $38.33 billion and is part of the basic materials sector and energy industry. Shares are up 9.6% year to date as of the close of trading on Thursday.

Enbridge Inc. operates as an energy transportation and distribution company in the United States and Canada. Its Liquids Pipelines segment operates common carrier and contract crude oil, natural gas liquids (NGL), and refined products pipelines and terminals. The company has a P/E ratio of 64.2, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Enbridge as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and generally higher debt management risk. You can view the full Enbridge Ratings Report.

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