NEW YORK (
) -- The ex-dividend date for
Dupont Fabros Technology
) is tomorrow, March 25, 2011. Owners of shares as of market close today will be eligible for a dividend of 12 cents per share. At a price of $24.14 as of 9:30 a.m. ET, the dividend yield is 2%.
The average volume for Dupont Fabros Technology has been 828,900 shares per day over the past 30 days. Dupont Fabros Technology has a market cap of $1.5 billion and is part of the
industry. Shares are up 13.1% year to date as of the close of trading on Wednesday.
DuPont Fabros Technology, Inc., a real estate investment trust (REIT), engages in the ownership, development, operation, management, and lease of data center facilities in the United States. The company has a P/E ratio of 47.5, equal to the average real estate industry P/E ratio and above the S&P 500 P/E ratio of 16.
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TheStreet Ratings rates Dupont Fabros Technology as buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, compelling growth in net income and reasonable valuation levels. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full