Hatteras Financial Stock To Go Ex-dividend Tomorrow (HTS)

NEW YORK ( TheStreet) -- The ex-dividend date for Hatteras Financial Corporation (NYSE: HTS) is tomorrow, March 20, 2012. Owners of shares as of market close today will be eligible for a dividend of 90 cents per share. At a price of $28.78 as of 9:34 a.m. ET, the dividend yield is 12.5%.

The average volume for Hatteras Financial has been 731,400 shares per day over the past 30 days. Hatteras Financial has a market cap of $2.11 billion and is part of the financial sector and real estate industry. Shares are up 9.3% year to date as of the close of trading on Friday.

Hatteras Financial Corp. operates as an externally-managed mortgage real estate investment trust (REIT). The company has a P/E ratio of 7.3, above the average real estate industry P/E ratio of 6.9 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Hatteras Financial as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, attractive valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, generally poor debt management and disappointing return on equity. You can view the full Hatteras Financial Ratings Report.

See our dividend calendar or top-yielding stocks list.

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