NEW YORK (

TheStreet

) -- The ex-dividend date for

CULLEN FROST BANKERS INC

(NYSE:

CFR

) is tomorrow, May 27, 2011. Owners of shares as of market close today will be eligible for a dividend of 46 cents per share. At a price of $57.20 as of 9:31 a.m. ET, the dividend yield is 3.2%.

The average volume for CULLEN FROST BANKERS has been 302,700 shares per day over the past 30 days. CULLEN FROST BANKERS has a market cap of $3.5 billion and is part of the

financial

sector and

banking

industry. Shares are down 6.1% year to date as of the close of trading on Wednesday.

TheStreet Recommends

Cullen/Frost Bankers, Inc., through its subsidiaries, provides various banking and financial products and services primarily in Texas. The company has a P/E ratio of 16.4, equal to the average banking industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates CULLEN FROST BANKERS as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, expanding profit margins, notable return on equity and reasonable valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full

CULLEN FROST BANKERS Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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