DDR Stock To Go Ex-dividend Tomorrow (DDR)

NEW YORK ( TheStreet) -- The ex-dividend date for DDR (NYSE: DDR) is tomorrow, March 14, 2012. Owners of shares as of market close today will be eligible for a dividend of 12 cents per share. At a price of $14.30 as of 9:30 a.m. ET, the dividend yield is 3.4%.

The average volume for DDR has been 3.5 million shares per day over the past 30 days. DDR has a market cap of $3.87 billion and is part of the financial sector and real estate industry. Shares are up 16% 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 impressive record of earnings per share growth, compelling growth in net income and increase in stock price during the past year. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. You can view the full DDR Ratings Report.

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