Equity Lifestyle Stock To Go Ex-dividend Tomorrow (ELS)

NEW YORK ( TheStreet) -- The ex-dividend date for Equity Lifestyle Properties (NYSE: ELS) 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 $68.72 as of 9:30 a.m. ET, the dividend yield is 2.6%.

The average volume for Equity Lifestyle has been 263,400 shares per day over the past 30 days. Equity Lifestyle has a market cap of $2.8 billion and is part of the financial sector and real estate industry. Shares are up 2% year to date as of the close of trading on Monday.

Equity LifeStyle Properties, Inc. is a publicly owned real estate investment trust (REIT). The firm engages in the ownership and operation of lifestyle oriented properties. The company has a P/E ratio of 106.3, above the average real estate industry P/E ratio of 73.8 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Equity Lifestyle as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally poor debt management and disappointing return on equity. You can view the full Equity Lifestyle Ratings Report.

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