Retail Opportunity Investments Stock To Go Ex-dividend Monday (ROIC)
NEW YORK (TheStreet) -- The ex-dividend date for Retail Opportunity Investments Corp (Nasdaq:ROIC) is Monday, August 29, 2011. Owners of shares as of market close today will be eligible for a dividend of 10 cents per share. At a price of $10.88 as of 9:30 a.m. ET, the dividend yield is 3.6%. The average volume for Retail Opportunity Investments has been 208,600 shares per day over the past 30 days. Retail Opportunity Investments has a market cap of $471.2 million and is part of the financial sector and real estate industry. Shares are up 10% year to date as of the close of trading on Thursday. Retail Opportunity Investments Corp. engages in investing in, acquiring, owning, and managing commercial real estate in the United States. Its portfolio of retail properties include community and neighborhood shopping centers anchored by national or regional supermarkets and drugstores. The company has a P/E ratio of 50.9, above the average real estate industry P/E ratio of 48.7 and above the S&P 500 P/E ratio of 17.7.
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