Getty Stock To Go Ex-dividend Tomorrow (GTY)

NEW YORK ( TheStreet) -- The ex-dividend date for Getty Realty Corporation (NYSE: GTY) is tomorrow, June 26, 2012. Owners of shares as of market close today will be eligible for a dividend of 13 cents per share. At a price of $17.71 as of 9:35 a.m. ET, the dividend yield is 2.8%.

The average volume for Getty has been 196,400 shares per day over the past 30 days. Getty has a market cap of $594.8 million and is part of the financial sector and real estate industry. Shares are up 27.7% year to date as of the close of trading on Friday.

Owns and leases retail motor fuel and convenience store properties and petroleum distribution terminals. As of Dec. 31, 2005, the company owned 814 properties and leased 241 additional properties in 13 states located principally in the Northeast. The company has a P/E ratio of 104.8, above the average real estate industry P/E ratio of 77.4 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Getty as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, feeble growth in the company's earnings per share and deteriorating net income. You can view the full Getty Ratings Report.

See our dividend calendar or top-yielding stocks list.
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