Starwood Property Stock To Go Ex-dividend Tomorrow (STWD)

NEW YORK ( TheStreet) -- The ex-dividend date for Starwood Property (NYSE: STWD) is tomorrow, March 28, 2012. Owners of shares as of market close today will be eligible for a dividend of 44 cents per share. At a price of $21.72 as of 9:30 a.m. ET, the dividend yield is 8.2%.

The average volume for Starwood Property has been 738,500 shares per day over the past 30 days. Starwood Property has a market cap of $1.8 billion and is part of the financial sector and real estate industry. Shares are up 17.2% year to date as of the close of trading on Monday.

No company description available. The company has a P/E ratio of 15.6, above the average real estate industry P/E ratio of 14.9 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Starwood Property as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Starwood Property Ratings Report.

See our dividend calendar or top-yielding stocks list.
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