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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.