Regions Financial Stock To Go Ex-dividend Tomorrow (RF)

NEW YORK ( TheStreet) -- The ex-dividend date for Regions Financial Corporation (NYSE: RF) is tomorrow, March 14, 2012. Owners of shares as of market close today will be eligible for a dividend of one cent per share. At a price of $5.69 as of 9:30 a.m. ET, the dividend yield is 0.7%.

The average volume for Regions Financial has been 23.2 million shares per day over the past 30 days. Regions Financial has a market cap of $6.58 billion and is part of the financial sector and banking industry. Shares are up 30.9% year to date as of the close of trading on Monday.

Regions Financial Corporation operates as the holding company for the Regions Bank that provides a range of commercial, retail, and mortgage banking services in the United States.

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

See our dividend calendar or top-yielding stocks list.
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