NEW YORK (
) -- The ex-dividend date for
) is tomorrow, December 13, 2013. Owners of shares as of market close today will be eligible for a dividend of 14 cents per share. At a price of $15.29 as of 9:50 a.m. ET, the dividend yield is 3.4%.
The average volume for DDR has been 3.1 million shares per day over the past 30 days. DDR has a market cap of $5.73 billion and is part of the financial sector and real estate industry. Shares are up 1.9% year to date as of the close of trading on Wednesday.
DDR Corp. operates as a real estate investment trust (REIT) in the United States. The company engages in acquiring, developing, redeveloping, owning, leasing, and managing shopping centers, mini-malls, and lifestyle centers.
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TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, disappointing return on equity and poor profit margins. You can view the full