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.
- Sign up for TheStreet's FREE Dividend and Income Investor Newsletter