NEW YORK ( TheStreet) -- The ex-dividend date for Winthrop Realty (NYSE: FUR) is tomorrow, March 28, 2012. Owners of shares as of market close today will be eligible for a dividend of 16 cents per share. At a price of $11.38 as of 9:30 a.m. ET, the dividend yield is 5.8%. The average volume for Winthrop has been 135,600 shares per day over the past 30 days. Winthrop has a market cap of $366.4 million and is part of the financial sector and real estate industry. Shares are up 12.2% year to date as of the close of trading on Monday. Operates as a real estate investment trust, headquartered in Boston. As of Dec. 31, 2005, in addition to cash reserves and government securities, the trust primarily owned an office building, commonly referred to as Circle Tower, located in Indianapolis, IN and 16 triple-net lease properties. The company has a P/E ratio of 36, above the average real estate industry P/E ratio of 13.9 and above the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Winthrop as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and a generally disappointing performance in the stock itself. You can view the full Winthrop Ratings Report. See our dividend calendar or top-yielding stocks list.