BioMed Stock To Go Ex-dividend Tomorrow (BMR)

NEW YORK ( TheStreet) -- The ex-dividend date for BioMed Realty (NYSE: BMR) 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 $17.87 as of 9:35 a.m. ET, the dividend yield is 4.8%.

The average volume for BioMed has been 1.9 million shares per day over the past 30 days. BioMed has a market cap of $2.74 billion and is part of the financial sector and real estate industry. Shares are down 1.6% year to date as of the close of trading on Monday.

BioMed Realty Trust, Inc. operates as a real estate investment trust (REIT) that focuses on providing real estate to the life science industry in the United States. The company has a P/E ratio of 104.6, below the average real estate industry P/E ratio of 127.1 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates BioMed as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and disappointing return on equity. You can view the full BioMed Ratings Report.

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