NEW YORK ( TheStreet) -- The ex-dividend date for America First Tax Exempt Investors (Nasdaq: ATAX) is tomorrow, March 29, 2011. Owners of shares as of market close today will be eligible for a dividend of 12 cents per share. At a price of $5.85 as of 9:30 a.m. ET, the dividend yield is 8.6%. The average volume for America First Tax Exempt Investors has been 104,800 shares per day over the past 30 days. America First Tax Exempt Investors has a market cap of $175.9 million and is part of the financial sector and real estate industry. Shares are up 11.1% year to date as of the close of trading on Friday. America First Tax Exempt Investors, L.P. engages in acquiring, holding, selling, and dealing with a portfolio of federally tax-exempt mortgage revenue bonds. The company has a P/E ratio of 83.4, equal to the average real estate industry P/E ratio and above the S&P 500 P/E ratio of 16.2.
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TheStreet Ratings rates America First Tax Exempt Investors as hold. The company's strengths can be seen in multiple areas, such as its revenue growth and notable return on equity. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, poor profit margins and weak operating cash flow. You can view the full America First Tax Exempt Investors Ratings Report. See our dividend calendar or top-yielding stocks list.