BanColombia Stock To Go Ex-dividend Tomorrow (CIB)

NEW YORK ( TheStreet) -- The ex-dividend date for BanColombia (NYSE: CIB) is tomorrow, February 7, 2012. Owners of shares as of market close today will be eligible for a dividend of one cent per share. At a price of $62.20 as of 9:40 a.m. ET, the dividend yield is 2.3%.

The average volume for BanColombia has been 289,000 shares per day over the past 30 days. BanColombia has a market cap of $7.4 billion and is part of the financial sector and banking industry. Shares are up 4.9% year to date as of the close of trading on Friday.

Bancolombia S.A. provides financial products and services to individual and corporate customers in Colombia, Panama, El Salvador, Puerto Rico, the Cayman Islands, Peru, Brazil, the United States, and Spain. The company has a P/E ratio of 11.2, below the average banking industry P/E ratio of 15.3 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates BanColombia as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, increase in stock price during the past year, growth in earnings per share and increase in net income. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full BanColombia Ratings Report.

See our dividend calendar or top-yielding stocks list.

null

More from Markets

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Jim Cramer: The 10-Year Yield Could Go to 2.75%

Jim Cramer: The 10-Year Yield Could Go to 2.75%

Oil Slumps, Gas Spikes Ahead of Holiday Weekend; Assessing the Chipmakers--ICYMI

Oil Slumps, Gas Spikes Ahead of Holiday Weekend; Assessing the Chipmakers--ICYMI

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%