Hancock Holding Stock To Go Ex-dividend Tomorrow (HBHC)
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., the dividend yield is 3%.
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. See our dividend calendar or top-yielding stocks list.