NEW YORK ( TheStreet) -- The ex-dividend date for ViewPoint Financial Group (Nasdaq: VPFG) is tomorrow, May 8, 2012. Owners of shares as of market close today will be eligible for a dividend of 6 cents per share. At a price of $16.22 as of 9:30 a.m. ET, the dividend yield is 1.5%.

The average volume for ViewPoint Financial Group has been 234,800 shares per day over the past 30 days. ViewPoint Financial Group has a market cap of $649.3 million and is part of the financial sector and financial services industry. Shares are up 25.3% year to date as of the close of trading on Friday.

ViewPoint Financial Group, Inc. operates as the holding company for ViewPoint Bank, which provides financial services for consumers and businesses. Its deposit products include checking, savings, money market, demand accounts, and certificates of deposit. The company has a P/E ratio of 19.9, equal to the average financial services industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates ViewPoint Financial Group as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, expanding profit margins, notable return on equity, growth in earnings per share and increase in net income. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full ViewPoint Financial Group Ratings Report.

See our dividend calendar or top-yielding stocks list.

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