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

NEW YORK ( TheStreet) -- The ex-dividend date for Hatteras Financial Corporation (NYSE: HTS) is tomorrow, June 27, 2012. Owners of shares as of market close today will be eligible for a dividend of 90 cents per share. At a price of $29.30 as of 9:30 a.m. ET, the dividend yield is 12.4%.

The average volume for Hatteras Financial has been 1.5 million shares per day over the past 30 days. Hatteras Financial has a market cap of $2.84 billion and is part of the financial sector and real estate industry. Shares are up 10.3% year to date as of the close of trading on Monday.

Hatteras Financial Corp. operates as an externally-managed mortgage real estate investment trust (REIT). The company has a P/E ratio of 7.5, equal to the average real estate industry P/E ratio 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 good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share and generally poor debt management. You can view the full Hatteras Financial Ratings Report.

See our dividend calendar or top-yielding stocks list.

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