CoreSite Stock To Go Ex-dividend Tomorrow (COR)

NEW YORK ( TheStreet) -- The ex-dividend date for CoreSite Realty (NYSE: COR) is tomorrow, June 27, 2012. Owners of shares as of market close today will be eligible for a dividend of 18 cents per share. At a price of $24.46 as of 9:30 a.m. ET, the dividend yield is 2.9%.

The average volume for CoreSite has been 146,600 shares per day over the past 30 days. CoreSite has a market cap of $516 million and is part of the financial sector and real estate industry. Shares are up 37.9% year to date as of the close of trading on Monday.

CoreSite Realty Corporation engages in the ownership, acquisition, construction, and management of data centers.

TheStreet Ratings rates CoreSite as a hold. 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 and solid stock price performance. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. You can view the full CoreSite Ratings Report.

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