Caplease Stock To Go Ex-dividend Tomorrow (LSE)

NEW YORK ( TheStreet) -- The ex-dividend date for Caplease (NYSE: LSE) is tomorrow, June 27, 2012. Owners of shares as of market close today will be eligible for a dividend of 7 cents per share. At a price of $4.11 as of 10 a.m. ET, the dividend yield is 6.3%.

The average volume for Caplease has been 311,500 shares per day over the past 30 days. Caplease has a market cap of $273.7 million and is part of the financial sector and real estate industry. Shares are up 2% year to date as of the close of trading on Monday.

CapLease, Inc. operates as a real estate investment trust (REIT), focused on financing and investing in commercial real estate that is net leased primarily to single tenants with investment grade or near investment grade credit ratings.

TheStreet Ratings rates Caplease as a sell. The company's weaknesses can be seen in multiple areas, such as its generally weak debt management and generally disappointing historical performance in the stock itself. You can view the full Caplease Ratings Report.

See our dividend calendar or top-yielding stocks list.

If you liked this article you might like

3 Economic Developments to Watch in Europe This Week

Earnings to Watch Out for Next Week

Merger of London Stock Exchange and Deutsche Borse Moves Forward

American Realty Capital Properties Becomes a 'Category Killer'

REITs on the Street