NEW YORK (
) -- The ex-dividend date for
) is tomorrow, August 31, 2011. Owners of shares as of market close today will be eligible for a dividend of 28 cents per share. At a price of $24 as of 9:50 a.m. ET, the dividend yield is 4.7%.
The average volume for Weingarten Realty Investors has been 1.1 million shares per day over the past 30 days. Weingarten Realty Investors has a market cap of $2.8 billion and is part of the
industry. Shares are up 2% year to date as of the close of trading on Monday.
Weingarten Realty Investors operates as a real estate investment trust (REIT). The company engages in the management, acquisition, and development of real estate. It operates in two segments, Shopping Center and Industrial. The company has a P/E ratio of 333.7, below the average real estate industry P/E ratio of 467.2 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Weingarten Realty Investors as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. You can view the full