Hudson City Stock To Go Ex-dividend Tomorrow (HCBK)

NEW YORK ( TheStreet) -- The ex-dividend date for Hudson City Bancorp (Nasdaq: HCBK) is tomorrow, May 8, 2012. Owners of shares as of market close today will be eligible for a dividend of 8 cents per share. At a price of $6.75 as of 9:30 a.m. ET, the dividend yield is 4.7%.

The average volume for Hudson City has been 4.4 million shares per day over the past 30 days. Hudson City has a market cap of $3.63 billion and is part of the financial sector and banking industry. Shares are up 9.9% year to date as of the close of trading on Friday.

Hudson City Bancorp, Inc. operates as the bank holding company for Hudson City Savings Bank that provides retail banking services in the United States.

TheStreet Ratings rates Hudson City as a hold. The company's strengths can be seen in multiple areas, such as its expanding profit margins, impressive record of earnings per share growth and notable return on equity. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. You can view the full Hudson City Ratings Report.

See our dividend calendar or top-yielding stocks list.