Associated Banc-Corp Stock To Go Ex-dividend Tomorrow (ASBC)
The ex-dividend date for Associated Banc-Corp (Nasdaq:ASBC) is tomorrow, February 28, 2012. Owners of shares as of market close today will be eligible for a dividend of 5 cents per share. At a price of $12.92 as of 9:30 a.m., the dividend yield is 1.5%.
NEW YORK ( TheStreet) -- The ex-dividend date for Associated Banc-Corp (Nasdaq: ASBC) is tomorrow, February 28, 2012. Owners of shares as of market close today will be eligible for a dividend of 5 cents per share. At a price of $12.92 as of 9:30 a.m. ET, the dividend yield is 1.5%. The average volume for Associated Banc-Corp has been 1.7 million shares per day over the past 30 days. Associated Banc-Corp has a market cap of $2.26 billion and is part of the financial sector and banking industry. Shares are up 16.7% year to date as of the close of trading on Friday. Associated Banc-Corp, a bank holding company, offers various banking and financial services to individuals and businesses primarily in Wisconsin, Illinois, and Minnesota. Its Banking segment provides loans and deposit products to businesses, governments, and consumers. The company has a P/E ratio of 19.9, above the average banking industry P/E ratio of 19.7 and above the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Associated Banc-Corp as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Associated Banc-Corp Ratings Report. See our dividend calendar or top-yielding stocks list.