CapLease Stock To Go Ex-dividend Tomorrow (LSE)

NEW YORK ( TheStreet) -- The ex-dividend date for CapLease Incorporated (NYSE: LSE) is tomorrow, March 29, 2011. Owners of shares as of market close today will be eligible for a dividend of six cents per share. At a price of $5.80 as of 9:31 a.m. ET, the dividend yield is 4.5%.

The average volume for CapLease has been 269,800 shares per day over the past 30 days. CapLease has a market cap of $333.6 million and is part of the financial sector and real estate industry. Shares are unchanged year to date as of the close of trading on Friday.

CapLease, Inc. operates as a real estate investment trust (REIT), focused on financing and investing in commercial real estate that is net leased primarily to single tenants with investment grade or near investment grade credit ratings.
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TheStreet Ratings rates CapLease as hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and good cash flow from operations. However, as a counter to these strengths, we find that the company has not been very careful in the management of its balance sheet. You can view the full CapLease Ratings Report.

See our dividend calendar or top-yielding stocks list.

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