The ex-dividend date for Duke Realty (NYSE:DRE) is Monday, August 15, 2011. Owners of shares as of market close today will be eligible for a dividend of 17 cents per share. At a price of $10.94 as of 9:41 a.m., the dividend yield is 6.6%.
NEW YORK ( TheStreet) -- The ex-dividend date for Duke Realty (NYSE: DRE) is Monday, August 15, 2011. Owners of shares as of market close today will be eligible for a dividend of 17 cents per share. At a price of $10.94 as of 9:41 a.m. ET, the dividend yield is 6.6%. The average volume for Duke has been 2.8 million shares per day over the past 30 days. Duke has a market cap of $2.6 billion and is part of the financial sector and real estate industry. Shares are down 13.3% year to date as of the close of trading on Thursday. 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 93.4, above the average real estate industry P/E ratio of 42.8 and above the S&P 500 P/E ratio of 17.7.
Practice your dividend trading strategies and win cash in our stock game.
TheStreet Ratings rates Duke as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, largely solid financial position with reasonable debt levels by most measures and notable return on equity. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and poor profit margins. You can view the full Duke Ratings Report. See our dividend calendar or top-yielding stocks list.