Caplease Stock To Go Ex-dividend Tomorrow (LSE)

NEW YORK ( TheStreet) -- The ex-dividend date for Caplease (NYSE: LSE) is tomorrow, March 29, 2012. Owners of shares as of market close today will be eligible for a dividend of 7 cents per share. At a price of $4.05 as of 9:30 a.m. ET, the dividend yield is 6.3%.

The average volume for Caplease has been 194,800 shares per day over the past 30 days. Caplease has a market cap of $284.5 million and is part of the financial sector and real estate industry. Shares are up 0.2% year to date as of the close of trading on Tuesday.

CapLease, Inc. operates as a real estate investment trust (REIT), focused on financing and investing in commercial real estate that is net leased primarily to single tenants with investment grade or near investment grade credit ratings.

TheStreet Ratings rates Caplease as a sell. The company's weaknesses can be seen in multiple areas, such as its generally weak debt management, weak operating cash flow and generally disappointing historical performance in the stock itself. You can view the full Caplease Ratings Report.

See our dividend calendar or top-yielding stocks list.

null

More from Markets

Treasury Secretary Mnuchin: 'Take the Over' on U.S. GDP Topping 3% This Year

Treasury Secretary Mnuchin: 'Take the Over' on U.S. GDP Topping 3% This Year

Video: Why the Stock Market Is Discounting China Trade Fears for Now

Video: Why the Stock Market Is Discounting China Trade Fears for Now

Global Stocks Rally as US-China Trade War Thaws; Dow Could Test 25,000

Global Stocks Rally as US-China Trade War Thaws; Dow Could Test 25,000

GE Confirms $11.1 Billion Transportation Merger With Wabtec

GE Confirms $11.1 Billion Transportation Merger With Wabtec

China Trade Truce, General Electric and Tesla - 5 Things You Must Know

China Trade Truce, General Electric and Tesla - 5 Things You Must Know