American Stock To Go Ex-dividend Tomorrow (ARCP)

The ex-dividend date for American Realty Capital Properties (Nasdaq:ARCP) is tomorrow, July 3, 2013. Owners of shares as of market close today will be eligible for a dividend of 8 cents per share. At a price of $15.31 as of 9:31 a.m., the dividend yield is 6%.
By TheStreet Wire ,

NEW YORK (

TheStreet

) -- The ex-dividend date for

American Realty Capital Properties

(Nasdaq:

ARCP

) is tomorrow, July 3, 2013. Owners of shares as of market close today will be eligible for a dividend of 8 cents per share. At a price of $15.31 as of 9:31 a.m. ET, the dividend yield is 6%.

The average volume for American has been 3.7 million shares per day over the past 30 days. American has a market cap of $2.36 billion and is part of the financial sector and real estate industry. Shares are up 15.3% year to date as of the close of trading on Monday.

American Realty Capital Properties, Inc. owns and acquires single tenant, freestanding commercial real estate that is net leased on a medium-term basis, primarily to investment grade credit rated and other creditworthy tenants. The company principally invests in retail and office properties.

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TheStreet Ratings rates

American

as a

hold

. The company's strengths can be seen in multiple areas, such as its robust revenue growth and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow. You can view the full

American Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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