NEW YORK ( TheStreet) -- The ex-dividend date for Washington Federal (Nasdaq: WFSL) is tomorrow, April six, 2011. Owners of shares as of market close today will be eligible for a dividend of six cents per share. At a price of $17.18 as of 9:30 a.m. ET, the dividend yield is 1.4%. The average volume for Washington Federal has been 520,000 shares per day over the past 30 days. Washington Federal has a market cap of $1.9 billion and is part of the financial sector and banking industry. Shares are up 1.9% year to date as of the close of trading on Monday. Washington Federal, Inc. operates as the holding company for Washington Federal, which provides various financial services in the United States. The company has a P/E ratio of 14.4, equal to the average banking industry P/E ratio and below the S&P 500 P/E ratio of 16.8.
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TheStreet Ratings rates Washington Federal as buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, expanding profit margins, good cash flow from operations, notable return on equity and reasonable valuation levels. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Washington Federal Ratings Report. See our dividend calendar or top-yielding stocks list.