NEW YORK ( TheStreet) -- The ex-dividend date for Investors Real Estate (Nasdaq: IRET) is Monday, June 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 $9.25 as of 10:06 a.m. ET, the dividend yield is 7.4%.

The average volume for Investors Real Estate has been 252,200 shares per day over the past 30 days. Investors Real Estate has a market cap of $745.3 million and is part of the financial sector and real estate industry. Shares are up 3.3% year to date as of the close of trading on Thursday.

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 310.3, above the average real estate industry P/E ratio of 38.8 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Investors Real Estate as a sell. The company's weaknesses can be seen in multiple areas, such as its generally weak debt management, disappointing return on equity, poor profit margins and feeble growth in its earnings per share. You can view the full Investors Real Estate Ratings Report.

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