NEW YORK (
) -- The ex-dividend date for
) is tomorrow, March 29, 2011. Owners of shares as of market close today will be eligible for a dividend of 49 cents per share. At a price of $55.95 as of 9:30 a.m. ET, the dividend yield is 3.5%.
The average volume for Camden Property has been 606,100 shares per day over the past 30 days. Camden Property has a market cap of $4 billion and is part of the
industry. Shares are up 3.5% year to date as of the close of trading on Friday.
Camden Property Trust operates as a real estate investment trust (REIT) in the United States. It engages in the ownership, development, construction, and management of middle- to upper-market multifamily communities. The company has a P/E ratio of 48.4, below the average real estate industry P/E ratio of 167.2 and above the S&P 500 P/E ratio of 16.2.
- Practice your dividend trading strategies and win cash in our stock game.
TheStreet Ratings rates Camden Property as hold. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth and good cash flow from operations. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. You can view the full