NEW YORK ( TheStreet) -- The ex-dividend date for Chesapeake Lodging (NYSE: CHSP) is tomorrow, June 27, 2012. Owners of shares as of market close today will be eligible for a dividend of 22 cents per share. At a price of $16.94 as of 9:30 a.m. ET, the dividend yield is 5%. The average volume for Chesapeake has been 156,900 shares per day over the past 30 days. Chesapeake has a market cap of $567 million and is part of the financial sector and real estate industry. Shares are up 14.2% year to date as of the close of trading on Monday. No company description available. The company has a P/E ratio of 50.4, below the average real estate industry P/E ratio of 58.8 and above the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Chesapeake as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, reasonable valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Chesapeake Ratings Report. See our dividend calendar or top-yielding stocks list.