NEW YORK ( TheStreet) -- The ex-dividend date for Ramco-Gershenson Properties (NYSE: RPT) is Monday, June 18, 2012. Owners of shares as of market close today will be eligible for a dividend of 16 cents per share. At a price of $12.47 as of 9:34 a.m. ET, the dividend yield is 5.4%. The average volume for Ramco-Gershenson has been 347,000 shares per day over the past 30 days. Ramco-Gershenson has a market cap of $564.2 million and is part of the financial sector and real estate industry. Shares are up 22.8% year to date as of the close of trading on Thursday. Ramco-Gershenson Properties Trust, through its subsidiaries, operates as a real estate investment trust (REIT) in the United States. It engages in the ownership, development, acquisition, management, and leasing of community shopping centers, regional malls, and single tenant retail properties.
TheStreet Ratings rates Ramco-Gershenson as a hold. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, poor profit margins and feeble growth in the company's earnings per share. You can view the full Ramco-Gershenson Ratings Report. See our dividend calendar or top-yielding stocks list.