The ex-dividend date for Getty Realty Corporation (NYSE:GTY) is tomorrow, September 30, 2011. Owners of shares as of market close today will be eligible for a dividend of 25 cents per share. At a price of $15.32 as of 9:30 a.m., the dividend yield is 6.3%.
NEW YORK ( TheStreet) -- The ex-dividend date for Getty Realty Corporation (NYSE: GTY) is tomorrow, September 30, 2011. Owners of shares as of market close today will be eligible for a dividend of 25 cents per share. At a price of $15.32 as of 9:30 a.m. ET, the dividend yield is 6.3%. The average volume for Getty has been 296,300 shares per day over the past 30 days. Getty has a market cap of $532.6 million and is part of the financial sector and real estate industry. Shares are down 51.9% year to date as of the close of trading on Wednesday. Owns and leases retail motor fuel and convenience store properties and petroleum distribution terminals. As of Dec. 31, 2005, the company owned 814 properties and leased 241 additional properties in 13 states located principally in the Northeast. The company has a P/E ratio of 9.7, equal to the average real estate industry P/E ratio and below 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 Getty as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and disappointing return on equity. You can view the full Getty Ratings Report. See our dividend calendar or top-yielding stocks list.