NEW YORK ( TheStreet) -- The ex-dividend date for American Assets (NYSE: AAT) is tomorrow, March 13, 2012. Owners of shares as of market close today will be eligible for a dividend of 21 cents per share. At a price of $22.05 as of 9:30 a.m. ET, the dividend yield is 3.9%. The average volume for American Assets has been 278,100 shares per day over the past 30 days. American Assets has a market cap of $843.4 million and is part of the financial sector and real estate industry. Shares are up 6.8% year to date as of the close of trading on Friday. American Assets Trust, Inc. operates as a real estate investment trust in the United States. The company owns, operates, acquires, and develops retail, office, multifamily, and mixed-use properties primarily in southern California, northern California, and Hawaii.
TheStreet Ratings rates American Assets as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we find that the company has not been very careful in the management of its balance sheet. You can view the full American Assets Ratings Report. See our dividend calendar or top-yielding stocks list.