Inland Real Estate Stock To Go Ex-dividend Tomorrow (IRC)

NEW YORK ( TheStreet) -- The ex-dividend date for Inland Real Estate Corporation (NYSE: IRC) is tomorrow, March 29, 2012. Owners of shares as of market close today will be eligible for a dividend of 5 cents per share. At a price of $8.85 as of 9:30 a.m. ET, the dividend yield is 6.4%.

The average volume for Inland Real Estate has been 389,600 shares per day over the past 30 days. Inland Real Estate has a market cap of $735.5 million and is part of the financial sector and real estate industry. Shares are up 16.4% year to date as of the close of trading on Tuesday.

Inland Real Estate Corporation, a real estate investment trust (REIT), engages in the ownership, operation, and development of shopping centers and single-tenant retail properties in the Midwest region of the United States.

TheStreet Ratings rates Inland Real Estate as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, generally weak debt management, disappointing return on equity, poor profit margins and generally disappointing historical performance in the stock itself. You can view the full Inland Real Estate Ratings Report.

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