Camden Property Stock To Go Ex-dividend Tomorrow (CPT) - TheStreet

NEW YORK (

TheStreet

) -- The ex-dividend date for

Camden Property

(NYSE:

CPT

) is tomorrow, June 27, 2012. Owners of shares as of market close today will be eligible for a dividend of 56 cents per share. At a price of $66.08 as of 9:30 a.m. ET, the dividend yield is 3.4%.

The average volume for Camden Property has been 625,600 shares per day over the past 30 days. Camden Property has a market cap of $5.3 billion and is part of the

financial

sector and

real estate

industry. Shares are up 6.1% year to date as of the close of trading on Monday.

Camden Property Trust is an independent real estate investment trust. The firm invests in the real estate markets of the United States. It is engaged in the ownership, development, acquisition, management, and disposition of multifamily residential apartment communities. The company has a P/E ratio of 74.2, above the average real estate industry P/E ratio of 40.5 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Camden Property as a

buy

. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, revenue growth, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full

Camden Property Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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