NEW YORK (
) -- The ex-dividend date for
) is Monday, June 18, 2012. Owners of shares as of market close today will be eligible for a dividend of 16 cents per share. At a price of $12.47 as of 9:34 a.m. ET, the dividend yield is 5.4%.
The average volume for Ramco-Gershenson has been 347,000 shares per day over the past 30 days. Ramco-Gershenson has a market cap of $564.2 million and is part of the
industry. Shares are up 22.8% year to date as of the close of trading on Thursday.
Ramco-Gershenson Properties Trust, through its subsidiaries, operates as a real estate investment trust (REIT) in the United States. It engages in the ownership, development, acquisition, management, and leasing of community shopping centers, regional malls, and single tenant retail properties.
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TheStreet Ratings rates Ramco-Gershenson as a
. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, poor profit margins and feeble growth in the company's earnings per share. You can view the full