CommonWealth REIT Stock To Go Ex-dividend Tomorrow (CWH)

NEW YORK ( TheStreet) -- The ex-dividend date for CommonWealth REIT (NYSE: CWH) is tomorrow, April 19, 2012. Owners of shares as of market close today will be eligible for a dividend of 50 cents per share. At a price of $18.59 as of 9:30 a.m. ET, the dividend yield is 10.7%.

The average volume for CommonWealth REIT has been 592,600 shares per day over the past 30 days. CommonWealth REIT has a market cap of $1.52 billion and is part of the financial sector and real estate industry. Shares are up 12.3% year to date as of the close of trading on Tuesday.

CommonWealth REIT operates as a real estate investment trust (REIT) in the United States. The company engages in the ownership and operation of real estate properties. Its property portfolio includes office buildings, industrial buildings, and leased industrial land. The company has a P/E ratio of 98.3, above the average real estate industry P/E ratio of 22.5 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates CommonWealth REIT as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and poor profit margins. You can view the full CommonWealth REIT Ratings Report.

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