Inland Real Estate Stock To Go Ex-dividend Tuesday (IRC)

NEW YORK ( TheStreet) -- The ex-dividend date for Inland Real Estate Corporation (NYSE: IRC) is Tuesday, May 29, 2012. Owners of shares as of market close today will be eligible for a dividend of 5 cents per share. At a price of $8.24 as of 9:30 a.m. ET, the dividend yield is 7%.

The average volume for Inland Real Estate has been 299,500 shares per day over the past 30 days. Inland Real Estate has a market cap of $730.4 million and is part of the financial sector and real estate industry. Shares are up 8% year to date as of the close of trading on Thursday.

Inland Real Estate Corporation, a real estate investment trust (REIT), engages in the ownership, operation, and development of shopping centers and single-tenant retail properties in the Midwest region of the United States.

TheStreet Ratings rates Inland Real Estate as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, generally weak debt management, disappointing return on equity, poor profit margins and feeble growth in its earnings per share. You can view the full Inland Real Estate Ratings Report.

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