NEW YORK ( TheStreet) -- The ex-dividend date for Astoria Financial Corporation (NYSE: AF) is tomorrow, November 10, 2011. Owners of shares as of market close today will be eligible for a dividend of 13 cents per share. At a price of $7.89 as of 9:52 a.m. ET, the dividend yield is 6.7%.

The average volume for Astoria Financial has been 1.4 million shares per day over the past 30 days. Astoria Financial has a market cap of $767.7 million and is part of the financial sector and banking industry. Shares are down 44% year to date as of the close of trading on Tuesday.

Astoria Financial Corporation operates as the bank holding company for Astoria Federal Savings and Loan Association that provides various banking services in the United States. It primarily engages in generating deposits and originating loans. The company has a P/E ratio of 9.4, equal to the average banking industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Astoria Financial as a hold. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, expanding profit margins and notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, a generally disappointing performance in the stock itself and feeble growth in the company's earnings per share. You can view the full Astoria Financial Ratings Report.

See our dividend calendar or top-yielding stocks list.

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