NEW YORK ( TheStreet) -- The ex-dividend date for Xinyuan Real Estate (NYSE: XIN) is tomorrow, April 26, 2012. Owners of shares as of market close today will be eligible for a dividend of 4 cents per share. At a price of $3.36 as of 9:30 a.m. ET, the dividend yield is 3.9%. The average volume for Xinyuan Real Estate has been 347,800 shares per day over the past 30 days. Xinyuan Real Estate has a market cap of $240.7 million and is part of the industrial goods sector and materials & construction industry. Shares are up 89.7% year to date as of the close of trading on Tuesday. Xinyuan Real Estate Co. Ltd., together with its subsidiaries, engages in residential real estate development in China. The company has a P/E ratio of 2.4, equal to the average materials & construction industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Xinyuan Real Estate as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Xinyuan Real Estate Ratings Report. See our dividend calendar or top-yielding stocks list.