NEW YORK ( TheStreet) -- The ex-dividend date for Retail Opportunity Investments Corp (Nasdaq: ROIC) is tomorrow, March 11, 2011. Owners of shares as of market close today will be eligible for a dividend of 8 cents per share. At a price of $10.85 as of 10:22 a.m. ET, the dividend yield is 3%.

The average volume for Retail Opportunity Investments has been 286,000 shares per day over the past 30 days. Retail Opportunity Investments has a market cap of $454.2 million and is part of the financial sector and financial services industry. Shares are up 11.4% year to date as of the close of trading on Wednesday.

Retail Opportunity Investments Corp. engages in investing in, acquiring, owning, and managing commercial real estate in the United States. Its portfolio of retail properties include community and neighborhood shopping centers anchored by national or regional supermarkets and drugstores.

TheStreet Ratings rates Retail Opportunity Investments as buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, increase in stock price during the past year and compelling growth in net income. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full Retail Opportunity Investments Ratings Report.

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