Retail Opportunity Investments Stock To Go Ex-dividend Monday (ROIC)

NEW YORK ( TheStreet) -- The ex-dividend date for Retail Opportunity Investments (Nasdaq: ROIC) is Monday, May 14, 2012. Owners of shares as of market close today will be eligible for a dividend of 13 cents per share. At a price of $12.42 as of 9:30 a.m. ET, the dividend yield is 4.1%.

The average volume for Retail Opportunity Investments has been 319,400 shares per day over the past 30 days. Retail Opportunity Investments has a market cap of $631.8 million and is part of the financial sector and real estate industry. Shares are up 4.4% year to date as of the close of trading on Thursday.

Retail Opportunity Investments Corp., a real estate investment trust (REIT), engages in the acquisition, ownership, and management of necessity-based community and neighborhood shopping centers in the eastern and western regions of the United States. The company has a P/E ratio of 125.5, above the average real estate industry P/E ratio of 114.1 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Retail Opportunity Investments as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations, solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Retail Opportunity Investments Ratings Report.

See our dividend calendar or top-yielding stocks list.

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