NEW YORK (

TheStreet

) -- The ex-dividend date for

SunTrust Banks

(NYSE:

STI

) is tomorrow, February 28, 2012. Owners of shares as of market close today will be eligible for a dividend of 5 cents per share. At a price of $22.03 as of 9:30 a.m. ET, the dividend yield is 0.9%.

The average volume for SunTrust Banks has been 7.8 million shares per day over the past 30 days. SunTrust Banks has a market cap of $11.43 billion and is part of the

financial

sector and

banking

industry. Shares are up 26% year to date as of the close of trading on Friday.

SunTrust Banks, Inc. operates as the holding company for SunTrust Bank, which provides various financial services to consumer and corporate customers in the United States. The company has a P/E ratio of 18.1, below the average banking industry P/E ratio of 19.5 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates SunTrust Banks as a

hold

. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, 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 and unimpressive growth in net income. You can view the full

SunTrust Banks Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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