NEW YORK (
) -- The ex-dividend date for
) is tomorrow, December 29, 2011. Owners of shares as of market close today will be eligible for a dividend of 13 cents per share. At a price of $7.63 as of 12:44 p.m. ET, the dividend yield is 6.9%.
The average volume for Investors Real Estate has been 343,700 shares per day over the past 30 days. Investors Real Estate has a market cap of $635.5 million and is part of the
industry. Shares are down 14.8% year to date as of the close of trading on Tuesday.
Investors Real Estate Trust, a real estate investment trust (REIT), engages in the ownership and operation of income-producing real estate properties in the United States. The company has a P/E ratio of 728, above the average real estate industry P/E ratio of 50.4 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Investors Real Estate as a
. The company's weaknesses can be seen in multiple areas, such as its unimpressive growth in net income, generally weak debt management, disappointing return on equity, poor profit margins and feeble growth in its earnings per share. You can view the full