NEW YORK ( TheStreet) -- The ex-dividend date for Hancock Holding Company (Nasdaq: HBHC) is tomorrow, June 2, 2011. Owners of shares as of market close today will be eligible for a dividend of 24 cents per share. At a price of $32.23 as of 9:32 a.m. ET, the dividend yield is 3%.

The average volume for Hancock Holding has been 358,800 shares per day over the past 30 days. Hancock Holding has a market cap of $1.4 billion and is part of the financial sector and banking industry. Shares are down 7.3% year to date as of the close of trading on Tuesday.

Hancock Holding Company, a financial holding company, provides a range of banking and financial services to consumers, and small and middle market businesses in Mississippi, Louisiana, Florida, and Alabama. The company has a P/E ratio of 22.2, 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 Hancock Holding as a hold. The company's strengths can be seen in multiple areas, such as its expanding profit margins, growth in earnings per share and increase in net income. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, disappointing return on equity and weak operating cash flow. You can view the full Hancock Holding Ratings Report.

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