NEW YORK ( TheStreet) -- The ex-dividend date for Realty Income Corporation (NYSE: O) is tomorrow, April 27, 2012. Owners of shares as of market close today will be eligible for a dividend of 15 cents per share. At a price of $39.35 as of 10:09 a.m. ET, the dividend yield is 4.5%. The average volume for Realty Income has been 638,200 shares per day over the past 30 days. Realty Income has a market cap of $5.2 billion and is part of the financial sector and real estate industry. Shares are up 12.9% year to date as of the close of trading on Wednesday. Realty Income Corporation engages in the acquisition and ownership of commercial retail real estate properties in the United States. The company leases its retail properties primarily to regional and national retail chain store operators. The company has a P/E ratio of 37.1, below the average real estate industry P/E ratio of 38.6 and above the S&P 500 P/E ratio of 17.7.
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