City Stock To Go Ex-dividend Monday (CYN)

NEW YORK ( TheStreet) -- The ex-dividend date for City National (NYSE: CYN) is Monday, October 31, 2011. Owners of shares as of market close today will be eligible for a dividend of 20 cents per share. At a price of $43.78 as of 9:34 a.m. ET, the dividend yield is 2%.

The average volume for City has been 646,900 shares per day over the past 30 days. City has a market cap of $2.2 billion and is part of the financial sector and banking industry. Shares are down 28.1% year to date as of the close of trading on Thursday.

City National Corporation operates as the bank holding company for City National Bank that provides a range of banking, investing, and trust services to small to mid-sized businesses, entrepreneurs, professionals, and affluent individuals. The company has a P/E ratio of 13, equal to the average banking industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
  • Practice your dividend trading strategies and win cash in our stock game.

TheStreet Ratings rates City as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, expanding profit margins and notable return on equity. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. You can view the full City Ratings Report.

See our dividend calendar or top-yielding stocks list.

null

More from Markets

Online Retailers Hit by Supreme Court Ruling Requiring Sales Tax Collection

Online Retailers Hit by Supreme Court Ruling Requiring Sales Tax Collection

U.S. Drillers at Mercy of Iran, Saudi Production Spat as OPEC Meeting Begins

U.S. Drillers at Mercy of Iran, Saudi Production Spat as OPEC Meeting Begins

Stocks Tumble as Dow Heads for Eighth Straight Drop

Stocks Tumble as Dow Heads for Eighth Straight Drop

This Is What's Hot Thursday - Stocks Slide, Intel's CEO Woes & Major Movers

This Is What's Hot Thursday - Stocks Slide, Intel's CEO Woes & Major Movers

Video: Jim Cramer on Netflix, Disney, Intel, Micron and Goldman Sachs

Video: Jim Cramer on Netflix, Disney, Intel, Micron and Goldman Sachs