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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.