DCT Industrial Stock To Go Ex-dividend Tomorrow (DCT)

NEW YORK ( TheStreet) -- The ex-dividend date for DCT Industrial (NYSE: DCT) is tomorrow, April 3, 2012. Owners of shares as of market close today will be eligible for a dividend of 7 cents per share. At a price of $5.88 as of 9:30 a.m. ET, the dividend yield is 4.8%.

The average volume for DCT Industrial has been three million shares per day over the past 30 days. DCT Industrial has a market cap of $1.39 billion and is part of the financial sector and real estate industry. Shares are up 15.2% year to date as of the close of trading on Friday.

DCT Industrial Trust Inc. operates as a publicly owned real estate investment trust. The firm provides its services to companies. Through its fund, it engages in the ownership, operation, and development of real estate properties. The company has a P/E ratio of 14.9, below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates DCT Industrial as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. You can view the full DCT Industrial Ratings Report.

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