NEW YORK ( TheStreet) -- The ex-dividend date for Duke Realty Corporation (NYSE: DRE) is tomorrow, May 13, 2011. Owners of shares as of market close today will be eligible for a dividend of 17 cents per share. At a price of $14.71 as of 9:32 a.m. ET, the dividend yield is 4.5%.

The average volume for Duke has been 2.3 million shares per day over the past 30 days. Duke has a market cap of $3.8 billion and is part of the financial sector and real estate industry. Shares are up 18.8% year to date as of the close of trading on Wednesday.

Duke Realty Corporation operates as a real estate investment trust (REIT) in the United States. It offers leasing, property and asset management, development, construction, build-to-suit, and other tenant-related services. The company has a P/E ratio of 376.5, above the average real estate industry P/E ratio of 88.6 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Duke as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income and increase in stock price during the past year. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. You can view the full Duke Ratings Report.

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