NEW YORK (

TheStreet

) -- The ex-dividend date for

Brookline Bancorp

(Nasdaq:

BRKL

) is tomorrow, April 27, 2011. Owners of shares as of market close today will be eligible for a dividend of 8 cents per share. At a price of $9.33 as of 9:30 a.m. ET, the dividend yield is 3.6%.

The average volume for Brookline has been 421,500 shares per day over the past 30 days. Brookline has a market cap of $551.7 million and is part of the

financial

sector and

banking

industry. Shares are down 7.2% year to date as of the close of trading on Monday.

TheStreet Recommends

Brookline Bancorp, Inc. operates as the bank holding company for Brookline Bank, which provides various banking products and services. The company has a P/E ratio of 19.9, below the average banking industry P/E ratio of 20.3 and above the S&P 500 P/E ratio of 16.7.

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TheStreet Ratings rates Brookline as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full

Brookline Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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