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NEW YORK ( TheStreet) -- The ex-dividend date for Ramco-Gershenson Properties (NYSE: RPT) is tomorrow, March 16, 2012. Owners of shares as of market close today will be eligible for a dividend of 16 cents per share. At a price of $11.68 as of 9:30 a.m. ET, the dividend yield is 5.6%. The average volume for Ramco-Gershenson has been 255,300 shares per day over the past 30 days. Ramco-Gershenson has a market cap of $444 million and is part of the financial sector and real estate industry. Shares are up 18.9% year to date as of the close of trading on Wednesday. Ramco-Gershenson Properties Trust, through its subsidiaries, operates as a real estate investment trust (REIT) in the United States. It engages in the ownership, development, acquisition, management, and leasing of community shopping centers, regional malls, and single tenant retail properties.