Regions Financial Stock To Go Ex-dividend Tomorrow (RF)
The ex-dividend date for Regions Financial Corporation (NYSE:RF) is tomorrow, September 12, 2012. Owners of shares as of market close today will be eligible for a dividend of one cent per share. At a price of $7.44 as of 9:30 a.m., the dividend yield is 0.5%.
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model NEW YORK ( TheStreet) -- The ex-dividend date for Regions Financial Corporation (NYSE: RF) is tomorrow, September 12, 2012. Owners of shares as of market close today will be eligible for a dividend of one cent per share. At a price of $7.44 as of 9:30 a.m. ET, the dividend yield is 0.5%. The average volume for Regions Financial has been 17.1 million shares per day over the past 30 days. Regions Financial has a market cap of $10.42 billion and is part of the financial sector and banking industry. Shares are up 71.4% year to date as of the close of trading on Monday. Regions Financial Corporation operates as the holding company for Regions Bank that provides a range of commercial, retail, and mortgage banking services in the United States. The company has a P/E ratio of 24.6, above the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Regions Financial as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, expanding profit margins, solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Regions Financial Ratings Report. See our dividend calendar or top-yielding stocks list. FREE from Real Money's Jim Cramer: Winners and Losers Election 2012 - Steps to take NOW so you can profit no matter who is in charge! Free download now.