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) -- The ex-dividend date for

Glacier Bancorp



) is tomorrow, July 8, 2011. Owners of shares as of market close today will be eligible for a dividend of 13 cents per share. At a price of $13.46 as of 9:31 a.m. ET, the dividend yield is 3.9%.

The average volume for Glacier has been 380,700 shares per day over the past 30 days. Glacier has a market cap of $963.7 million and is part of the


sector and


industry. Shares are down 11.1% year to date as of the close of trading on Wednesday.

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Glacier Bancorp, Inc., a multi-bank holding company, provides commercial banking products and services in Montana, Idaho, Wyoming, Colorado, Utah, and Washington. The company has a P/E ratio of 22.7, equal to the average banking industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Glacier as a


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

Glacier Ratings Report


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