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NEW YORK (

TheStreet

) -- The ex-dividend date for

Glacier Bancorp

(Nasdaq:

GBCI

) is tomorrow, January 6, 2012. Owners of shares as of market close today will be eligible for a dividend of 13 cents per share. At a price of $12.41 as of 9:30 a.m. ET, the dividend yield is 4.2%.

The average volume for Glacier has been 510,100 shares per day over the past 30 days. Glacier has a market cap of $893.9 million and is part of the

financial

sector and

banking

industry. Shares are up 4.2% year to date as of the close of trading on Wednesday.

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 73.1, 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

hold

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

Glacier Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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