NBT Stock To Go Ex-dividend Tomorrow (NBTB)

NEW YORK ( TheStreet) -- The ex-dividend date for NBT Bancorp Inc (Nasdaq: NBTB) is tomorrow, November 29, 2011. Owners of shares as of market close today will be eligible for a dividend of 20 cents per share. At a price of $19.71 as of 9:35 a.m. ET, the dividend yield is 4.1%.

The average volume for NBT has been 125,200 shares per day over the past 30 days. NBT has a market cap of $669.7 million and is part of the financial sector and banking industry. Shares are down 20.2% year to date as of the close of trading on Friday.

NBT Bancorp Inc., a financial holding company, provides commercial banking and financial services to individuals, corporations, and municipalities in central and upstate New York, northeastern Pennsylvania, and the greater Burlington, Vermont area. The company has a P/E ratio of 11.5, below the average banking industry P/E ratio of 11.9 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates NBT as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, expanding profit margins, good cash flow from operations, notable return on equity and increase in net income. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full NBT Ratings Report.

See our dividend calendar or top-yielding stocks list.

null

More from Markets

Replay: Jim Cramer on Tariffs, the Market Rally, Caterpillar and Micron

Replay: Jim Cramer on Tariffs, the Market Rally, Caterpillar and Micron

Video: When Planning for Retirement, Don't Underestimate Your Life Span

Video: When Planning for Retirement, Don't Underestimate Your Life Span

Video: Here's What May Come Next for Theranos Founder and CEO Elizabeth Holmes

Video: Here's What May Come Next for Theranos Founder and CEO Elizabeth Holmes

Charlie Gasparino Says GE Is Reportedly Looking to Slash Its Dividend Again

Charlie Gasparino Says GE Is Reportedly Looking to Slash Its Dividend Again

GE Confirms $11.1 Billion Transportation Merger With Wabtec

GE Confirms $11.1 Billion Transportation Merger With Wabtec