Caplease Stock To Go Ex-dividend Tomorrow (LSE) - TheStreet

NEW YORK (

TheStreet

) -- The ex-dividend date for

Caplease

(NYSE:

LSE

) is tomorrow, March 29, 2012. Owners of shares as of market close today will be eligible for a dividend of 7 cents per share. At a price of $4.05 as of 9:30 a.m. ET, the dividend yield is 6.3%.

The average volume for Caplease has been 194,800 shares per day over the past 30 days. Caplease has a market cap of $284.5 million and is part of the

financial

sector and

real estate

industry. Shares are up 0.2% year to date as of the close of trading on Tuesday.

CapLease, Inc. operates as a real estate investment trust (REIT), focused on financing and investing in commercial real estate that is net leased primarily to single tenants with investment grade or near investment grade credit ratings.

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TheStreet Ratings rates Caplease as a

sell

. The company's weaknesses can be seen in multiple areas, such as its generally weak debt management, weak operating cash flow and generally disappointing historical performance in the stock itself. You can view the full

Caplease Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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