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

NEW YORK ( TheStreet) -- The ex-dividend date for Hancock Holding Company (Nasdaq: HBHC) is tomorrow, March 1, 2012. Owners of shares as of market close today will be eligible for a dividend of 24 cents per share. At a price of $33.95 as of 9:30 a.m. ET, the dividend yield is 2.8%.

The average volume for Hancock Holding has been 520,600 shares per day over the past 30 days. Hancock Holding has a market cap of $2.89 billion and is part of the financial sector and banking industry. Shares are up 6% 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 16.9, below the average banking industry P/E ratio of 23.5 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Hancock Holding as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, expanding profit margins, increase in net income and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full Hancock Holding Ratings Report.

See our dividend calendar or top-yielding stocks list.

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