NEW YORK ( TheStreet) -- The ex-dividend date for Brookline Bancorp (Nasdaq: BRKL) is tomorrow, November 2, 2011. Owners of shares as of market close today will be eligible for a dividend of 9 cents per share. At a price of $8.06 as of 9:30 a.m. ET, the dividend yield is 4%.

The average volume for Brookline has been 594,700 shares per day over the past 30 days. Brookline has a market cap of $502 million and is part of the financial sector and banking industry. Shares are down 21.8% year to date as of the close of trading on Monday.

Brookline Bancorp, Inc. operates as the holding company for Brookline Bank that provides various banking products and services. The company has a P/E ratio of 18, 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 Brookline as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins and notable return on equity. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow, a generally disappointing performance in the stock itself and unimpressive growth in net income. You can view the full Brookline Ratings Report.

See our dividend calendar or top-yielding stocks list.
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