East West Stock To Go Ex-dividend Tomorrow (EWBC)

NEW YORK ( TheStreet) -- The ex-dividend date for East West Bancorp Inc (Nasdaq: EWBC) is tomorrow, November 8, 2011. Owners of shares as of market close today will be eligible for a dividend of 5 cents per share. At a price of $19.68 as of 9:30 a.m. ET, the dividend yield is 1%.

The average volume for East West has been 1.7 million shares per day over the past 30 days. East West has a market cap of $3 billion and is part of the financial sector and banking industry. Shares are up 2.7% year to date as of the close of trading on Friday.

East West Bancorp, Inc. operates as the holding company for East West Bank, which provides a range of personal and commercial banking services to small and medium-sized businesses, business executives, professionals, and other individuals in California. The company has a P/E ratio of 14.4, 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 East West as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share and increase in net income. However, as a counter to these strengths, we find that the company's revenue growth has not been good. You can view the full East West Ratings Report.

See our dividend calendar or top-yielding stocks list.

null

More from Markets

Baidu Stock Plummets After COO Qi Lu Resignation

Baidu Stock Plummets After COO Qi Lu Resignation

Wondering What Blockchain Technology Really Is? This Expert Explains It All

Wondering What Blockchain Technology Really Is? This Expert Explains It All

Dow Rises Sharply as U.S.-China Trade Tensions Thaw

Dow Rises Sharply as U.S.-China Trade Tensions Thaw

GE Confirms $11.1 Billion Transportation Merger With Wabtec

GE Confirms $11.1 Billion Transportation Merger With Wabtec

Gold Prices Look 'Rich' at Current Levels - Here's What Could Change That

Gold Prices Look 'Rich' at Current Levels - Here's What Could Change That