American Campus Stock To Go Ex-dividend Tomorrow (ACC)
NEW YORK (
) -- The ex-dividend date for
(NYSE:
) is tomorrow, February 9, 2012. Owners of shares as of market close today will be eligible for a dividend of 34 cents per share. At a price of $44.04 as of 9:30 a.m. ET, the dividend yield is 3.1%.
The average volume for American Campus has been 660,800 shares per day over the past 30 days. American Campus has a market cap of $2.93 billion and is part of the
sector and
industry. Shares are up 4.1% year to date as of the close of trading on Tuesday.
Operates as a self-administered REIT that acquires, designs, finances, develops, manages the construction of, leases, and manages student housing properties. As of Dec. 31, 2005, its total owned and managed portfolio included 42 properties that represented apx. 27,100 beds in about 9,700 units. The company has a P/E ratio of 92.9, above the average real estate industry P/E ratio of 71.2 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates American Campus as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, good cash flow from operations and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full
American Campus Ratings Report
.
See our
or
.
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