NEW YORK (
) -- The ex-dividend date for
) is tomorrow, March 28, 2012. Owners of shares as of market close today will be eligible for a dividend of 13 cents per share. At a price of $9.14 as of 9:30 a.m. ET, the dividend yield is 5.7%.
The average volume for Lexington has been 1.2 million shares per day over the past 30 days. Lexington has a market cap of $1.27 billion and is part of the
industry. Shares are up 17.6% year to date as of the close of trading on Monday.
Lexington Corporate Properties Trust operates as a self-managed and self-administered real estate investment trust (REIT). The company acquires, owns, and manages a portfolio of office, industrial, and retail properties net-leased to corporate tenants in the United States.
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TheStreet Ratings rates Lexington as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, poor profit margins and a generally disappointing performance in the stock itself. You can view the full