NEW YORK (

TheStreet

) -- The ex-dividend date for

Pennsylvania REIT

(NYSE:

PEI

) is tomorrow, November 29, 2011. Owners of shares as of market close today will be eligible for a dividend of 15 cents per share. At a price of $8.62 as of 9:30 a.m. ET, the dividend yield is 7%.

The average volume for Pennsylvania REIT has been 567,700 shares per day over the past 30 days. Pennsylvania REIT has a market cap of $474.3 million and is part of the

financial

sector and

real estate

industry. Shares are down 42.5% year to date as of the close of trading on Friday.

Pennsylvania Real Estate Investment Trust (PREIT) is a publicly owned equity real estate investment trust. The firm manages owns, manages, develops, acquires, and leases mall and power and strip centers primarily in the Eastern United States.

  • Sign up for TheStreet's FREE Dividend and Income Investor Newsletter

TheStreet Ratings rates Pennsylvania REIT as a

hold

. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, generally poor debt management and a generally disappointing performance in the stock itself. You can view the full

Pennsylvania REIT Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

null