NEW YORK ( TheStreet) -- The ex-dividend date for Investors Real Estate (Nasdaq: IRET) is tomorrow, March 17, 2011. Owners of shares as of market close today will be eligible for a dividend of 17 cents per share. At a price of $9.28 as of 9:30 a.m. ET, the dividend yield is 7.3%.

The average volume for Investors Real Estate has been 234,600 shares per day over the past 30 days. Investors Real Estate has a market cap of $744.9 million and is part of the financial sector and real estate industry. Shares are up 3.7% year to date as of the close of trading on Tuesday.

Investors Real Estate Trust, a real estate investment trust (REIT), engages in the ownership and operation of income-producing real estate properties in the United States. The company has a P/E ratio of 312.7, above the average real estate industry P/E ratio of 93.8 and above the S&P 500 P/E ratio of 16.

TheStreet Ratings rates Investors Real Estate as sell. The company's weaknesses can be seen in multiple areas, such as its generally disappointing historical performance in the stock itself, generally weak debt management, disappointing return on equity, weak operating cash flow and poor profit margins. You can view the full Investors Real Estate Ratings Report.

See our dividend calendar or top-yielding stocks list.
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