Brookline Stock To Go Ex-dividend Tomorrow (BRKL)

NEW YORK ( TheStreet) -- The ex-dividend date for Brookline Bancorp (Nasdaq: BRKL) is tomorrow, May 9, 2012. Owners of shares as of market close today will be eligible for a dividend of 9 cents per share. At a price of $8.94 as of 9:30 a.m. ET, the dividend yield is 3.8%.

The average volume for Brookline has been 282,300 shares per day over the past 30 days. Brookline has a market cap of $622 million and is part of the financial sector and banking industry. Shares are up 5.2% year to date as of the close of trading on Monday.

Brookline Bancorp, Inc. operates as the holding company for Brookline Bank, Bank Rhode Island, and The First National Bank of Ipswich, which provide commercial and retail banking services, and cash management and investment services to customers in Central New England. The company has a P/E ratio of 17.8, below the average banking industry P/E ratio of 20.2 and equal to the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Brookline as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Brookline Ratings Report.

See our dividend calendar or top-yielding stocks list.

null

More from Markets

Replay: Jim Cramer on Tariffs, the Market Rally, Caterpillar and Micron

Replay: Jim Cramer on Tariffs, the Market Rally, Caterpillar and Micron

Video: When Planning for Retirement, Don't Underestimate Your Life Span

Video: When Planning for Retirement, Don't Underestimate Your Life Span

Video: Here's What May Come Next for Theranos Founder and CEO Elizabeth Holmes

Video: Here's What May Come Next for Theranos Founder and CEO Elizabeth Holmes

Charlie Gasparino Says GE Is Reportedly Looking to Slash Its Dividend Again

Charlie Gasparino Says GE Is Reportedly Looking to Slash Its Dividend Again

GE Confirms $11.1 Billion Transportation Merger With Wabtec

GE Confirms $11.1 Billion Transportation Merger With Wabtec