NEW YORK ( TheStreet) -- The ex-dividend date for Trustmark Corporation (Nasdaq: TRMK) is tomorrow, February 25, 2011. Owners of shares as of market close today will be eligible for a dividend of 23 cents per share. At a price of $23.72 as of 9:31 a.m. ET, the dividend yield is 3.8%.

The average volume for Trustmark has been 292,500 shares per day over the past 30 days. Trustmark has a market cap of $1.5 billion and is part of the financial sector and banking industry. Shares are down 4.8% year to date as of the close of trading on Wednesday.

Trustmark Corporation operates as the bank holding company for Trustmark National Bank, which provides banking and financial solutions to individuals and corporate institutions in Florida, Mississippi, Tennessee, and Texas. The company has a P/E ratio of 15.3, below the average banking industry P/E ratio of 61.5 and below the S&P 500 P/E ratio of 22.7.

TheStreet Ratings rates Trustmark as buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins, increase in stock price during the past year, impressive record of earnings per share growth, notable return on equity and reasonable valuation levels. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full Trustmark Ratings Report.

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