SunTrust Banks Stock To Go Ex-dividend Tomorrow (STI)

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 SunTrust Banks (NYSE: STI) is tomorrow, November 28, 2012. Owners of shares as of market close today will be eligible for a dividend of 5 cents per share. At a price of $26.92 as of 9:30 a.m. ET, the dividend yield is 0.7%.

The average volume for SunTrust Banks has been 6.7 million shares per day over the past 30 days. SunTrust Banks has a market cap of $14.81 billion and is part of the financial sector and banking industry. Shares are up 55.3% year to date as of the close of trading on Monday.

SunTrust Banks, Inc. operates as the holding company for SunTrust Bank, which provides various financial services in the United States. The company has a P/E ratio of nine, below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates SunTrust Banks as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and attractive valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full SunTrust Banks Ratings Report.

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