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, May 30, 2013. Owners of shares as of market close today will be eligible for a dividend of 18 cents per share. At a price of $48.39 as of 9:31 a.m. ET, the dividend yield is 4.4%.
The average volume for Realty Income has been 1.9 million shares per day over the past 30 days. Realty Income has a market cap of $9.75 billion and is part of the financial sector and real estate industry. Shares are up 21.3% year to date as of the close of trading on Tuesday.
Realty Income Corporation is a publicly traded real estate investment trust. It invests in the real estate markets of the United States. The firm makes investments in commercial real estate. Realty Income Corporation was founded in 1969 and is based in Escondido, California. The company has a P/E ratio of 61.3, above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Realty Income as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, compelling growth in net income, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full
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