NEW YORK ( TheStreet) -- The ex-dividend date for Washington Federal (Nasdaq: WFSL) is tomorrow, October 5, 2011. Owners of shares as of market close today will be eligible for a dividend of 6 cents per share. At a price of $12.40 as of 9:31 a.m. ET, the dividend yield is 1.9%.

The average volume for Washington Federal has been 727,200 shares per day over the past 30 days. Washington Federal has a market cap of $1.4 billion and is part of the financial sector and banking industry. Shares are down 26.2% 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 14.6, below the average banking industry P/E ratio of 14.8 and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Washington Federal as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, increase in net income and growth in earnings per share. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Washington Federal Ratings Report.

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