Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
NEW YORK (
) -- The ex-dividend date for
) is tomorrow, November 29, 2012. Owners of shares as of market close today will be eligible for a dividend of 15 cents per share. At a price of $39.19 as of 9:30 a.m. ET, the dividend yield is 4.6%.
The average volume for Realty Income has been one million shares per day over the past 30 days. Realty Income has a market cap of $5.27 billion and is part of the financial sector and real estate industry. Shares are up 12.8% year to date as of the close of trading on Tuesday.
Realty Income Corporation engages in the acquisition and ownership of commercial retail real estate properties in the United States. The company leases its retail properties primarily to regional and national retail chain store operators. The company has a P/E ratio of 42.9, above the S&P 500 P/E ratio of 17.7.
- EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.
TheStreet Ratings rates Realty Income as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full
FREE for a limited time only: Get TheStreet Ratings #1 Stock Report NOW!