NEW YORK ( TheStreet) -- The ex-dividend date for DDR (NYSE: DDR) is tomorrow, December 14, 2011. Owners of shares as of market close today will be eligible for a dividend of 8 cents per share. At a price of $11.73 as of 10:09 a.m. ET, the dividend yield is 2.7%.

The average volume for DDR has been 3.9 million shares per day over the past 30 days. DDR has a market cap of $3.24 billion and is part of the financial sector and real estate industry. Shares are down 17% year to date as of the close of trading on Monday.

DDR Corp. operates as a real estate investment trust (REIT) in the United States. The company engages in acquiring, developing, redeveloping, owning, leasing, and managing shopping centers, mini-malls, and lifestyle centers.

TheStreet Ratings rates DDR as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, disappointing return on equity and poor profit margins. You can view the full DDR Ratings Report.

See our dividend calendar or top-yielding stocks list.

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