Regions Financial Stock To Go Ex-dividend Tomorrow (RF)
The ex-dividend date for Regions Financial Corporation (NYSE:RF) is tomorrow, June 12, 2013. Owners of shares as of market close today will be eligible for a dividend of 3 cents per share. At a price of $9.24 as of 9:30 a.m., the dividend yield is 1.3%.
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, June 12, 2013. Owners of shares as of market close today will be eligible for a dividend of 3 cents per share. At a price of $9.24 as of 9:30 a.m. ET, the dividend yield is 1.3%. The average volume for Regions Financial has been 14.6 million shares per day over the past 30 days. Regions Financial has a market cap of $13.02 billion and is part of the financial sector and banking industry. Shares are up 31.3% year to date as of the close of trading on Monday. Regions Financial Corporation, together with its subsidiaries, provides banking and bank-related services to individual and corporate customers in the United States. The company operates in three segments: Business Services, Consumer Services, and Wealth Management. The company has a P/E ratio of 10.8, below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Regions Financial 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, compelling growth in net income, good cash flow from operations and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full Regions Financial Ratings Report. See our dividend calendar or top-yielding stocks list. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more..