NEW YORK (
) -- The ex-dividend date for
) is tomorrow, June 27, 2012. Owners of shares as of market close today will be eligible for a dividend of 18 cents per share. At a price of $22.80 as of 9:30 a.m. ET, the dividend yield is 3.2%.
The average volume for Acadia has been 318,300 shares per day over the past 30 days. Acadia has a market cap of $998.8 million and is part of the
industry. Shares are up 13% year to date as of the close of trading on Monday.
Acadia Realty Trust, a real estate investment trust (REIT), engages primarily in the ownership, acquisition, redevelopment, and management of retail properties in the United States. The company has a P/E ratio of 58.4, above the average real estate industry P/E ratio of 19.8 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Acadia as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, generally poor debt management and disappointing return on equity. You can view the full