Huntington Stock To Go Ex-dividend Tomorrow (HBAN)

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 Huntington (Nasdaq: HBAN) is tomorrow, December 14, 2012. Owners of shares as of market close today will be eligible for a dividend of 4 cents per share. At a price of $6.20 as of 9:30 a.m. ET, the dividend yield is 2.6%.

The average volume for Huntington has been 11.7 million shares per day over the past 30 days. Huntington has a market cap of $5.36 billion and is part of the financial sector and banking industry. Shares are up 13.8% year to date as of the close of trading on Wednesday.

Huntington Bancshares Incorporated operates as the holding company for The Huntington National Bank that provides commercial, small business, and consumer banking services. The company has a P/E ratio of 9.5, below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Huntington as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, increase in net income, expanding profit margins 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 Huntington Ratings Report.

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