NEW YORK ( TheStreet) -- The ex-dividend date for American Assets (NYSE: AAT) is tomorrow, June 13, 2012. Owners of shares as of market close today will be eligible for a dividend of 21 cents per share. At a price of $22.93 as of 9:30 a.m. ET, the dividend yield is 3.7%. The average volume for American Assets has been 138,500 shares per day over the past 30 days. American Assets has a market cap of $926.4 million and is part of the financial sector and real estate industry. Shares are up 13.6% year to date as of the close of trading on Monday. American Assets Trust, Inc. operates as a real estate investment trust in the United States. The company owns, operates, acquires, and develops retail, office, multifamily, and mixed-use properties primarily in southern California, northern California, and Hawaii. The company has a P/E ratio of 336.9, above the average real estate industry P/E ratio of 157.2 and above the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates American Assets as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income and notable return on equity. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. You can view the full American Assets Ratings Report. See our dividend calendar or top-yielding stocks list.