Hancock Holding Stock To Go Ex-dividend Tomorrow (HBHC)

NEW YORK ( TheStreet) -- The ex-dividend date for Hancock Holding Company (Nasdaq: HBHC) is tomorrow, December 1, 2011. Owners of shares as of market close today will be eligible for a dividend of 24 cents per share. At a price of $29.72 as of 9:41 a.m. ET, the dividend yield is 3.4%.

The average volume for Hancock Holding has been 594,900 shares per day over the past 30 days. Hancock Holding has a market cap of $2.41 billion and is part of the financial sector and banking industry. Shares are down 18% year to date as of the close of trading on Tuesday.

Hancock Holding Company, a financial holding company, provides various banking and financial services in south Mississippi, Louisiana, South Alabama, and Florida. The company has a P/E ratio of 19.9, above the average banking industry P/E ratio of 19.6 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Hancock Holding as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, increase in net income and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, disappointing return on equity and weak operating cash flow. You can view the full Hancock Holding Ratings Report.

See our dividend calendar or top-yielding stocks list.

null

More from Markets

Treasury Secretary Mnuchin: 'Take the Over' on U.S. GDP Topping 3% This Year

Treasury Secretary Mnuchin: 'Take the Over' on U.S. GDP Topping 3% This Year

Video: Why the Stock Market Is Discounting China Trade Fears for Now

Video: Why the Stock Market Is Discounting China Trade Fears for Now

Global Stocks Rally as US-China Trade War Thaws; Dow Could Test 25,000

Global Stocks Rally as US-China Trade War Thaws; Dow Could Test 25,000

GE Confirms $11.1 Billion Transportation Merger With Wabtec

GE Confirms $11.1 Billion Transportation Merger With Wabtec

China Trade Truce, General Electric and Tesla - 5 Things You Must Know

China Trade Truce, General Electric and Tesla - 5 Things You Must Know