NEW YORK (
) -- The ex-dividend date for
AMB Property Corporation
) is tomorrow, February 10, 2011. Owners of shares as of market close today will be eligible for a dividend of 28 cents per share. At a price of $33.71 as of 9:30 a.m. ET, the dividend yield is 3.3%. The average volume for AMB Property has been 1.7 million shares per day over the past 30 days. AMB Property has a market cap of $5.6 billion and is part of the
industry. Shares are up 6.3% year to date as of the close of trading on Tuesday.
AMB Property Corporation engages in the acquisition, development, and operation of industrial properties in North America, Europe, and Asia. The company has a P/E ratio of 558.3, equal to the average real estate industry P/E ratio and above the S&P 500 P/E ratio of 23.4.
TheStreet Ratings rates AMB Property as hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and compelling growth in net income. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. You can view the full