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NEW YORK (

TheStreet

) -- The ex-dividend date for

Glacier Bancorp Inc

(Nasdaq:

GBCI

) is tomorrow, October 6, 2011. Owners of shares as of market close today will be eligible for a dividend of 13 cents per share. At a price of $10.06 as of 9:30 a.m. ET, the dividend yield is 5.7%.

The average volume for Glacier has been 666,100 shares per day over the past 30 days. Glacier has a market cap of $653.7 million and is part of the

financial

sector and

banking

industry. Shares are down 33.6% year to date as of the close of trading on Tuesday.

TheStreet Recommends

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 15.9, 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 Glacier as a

hold

. The company's strengths can be seen in multiple areas, such as its expanding profit margins and notable return on equity. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, unimpressive growth in net income and weak operating cash flow. You can view the full

Glacier Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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