NEW YORK ( TheStreet) -- The ex-dividend date for Ventas (NYSE: VTR) is tomorrow, March 7, 2012. Owners of shares as of market close today will be eligible for a dividend of 62 cents per share. At a price of $56.13 as of 9:30 a.m. ET, the dividend yield is 4.4%. The average volume for Ventas has been two million shares per day over the past 30 days. Ventas has a market cap of $16.58 billion and is part of the financial sector and real estate industry. Shares are up 2.7% year to date as of the close of trading on Monday. Ventas, Inc. is a publicly owned real estate investment trust. The firm engages in investment, management, financing, and leasing of properties in the healthcare industry. It invests in the real estate markets of the United States and Canada. The company has a P/E ratio of 36, below the average real estate industry P/E ratio of 45.9 and above the S&P 500 P/E ratio of 17.7.
- Sign up for TheStreet's FREE Dividend and Income Investor Newsletter