NEW YORK (

TheStreet

) -- The ex-dividend date for

Liberty Property

(NYSE:

LRY

) is tomorrow, September 28, 2011. Owners of shares as of market close today will be eligible for a dividend of 48 cents per share. At a price of $30.74 as of 9:30 a.m. ET, the dividend yield is 6.4%.

The average volume for Liberty Property has been 1.2 million shares per day over the past 30 days. Liberty Property has a market cap of $3.4 billion and is part of the

financial

sector and

real estate

industry. Shares are down 6.8% year to date as of the close of trading on Monday.

Liberty Property Trust is a publicly owned real estate investment holding trust. Through its subsidiary, it provides leasing, property management, development, acquisition, and other tenant-related services for a portfolio of industrial and office properties. The company has a P/E ratio of 27.6, above the average real estate industry P/E ratio of 19.2 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Liberty Property as a

buy

. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures 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

Liberty Property Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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