Alexandria Real Estate Equities Stock To Go Ex-dividend Tomorrow (ARE)

NEW YORK ( TheStreet) -- The ex-dividend date for Alexandria Real Estate Equities (NYSE: ARE) is tomorrow, June 27, 2012. Owners of shares as of market close today will be eligible for a dividend of 51 cents per share. At a price of $69.44 as of 10:05 a.m. ET, the dividend yield is 2.9%.

The average volume for Alexandria Real Estate Equities has been 377,600 shares per day over the past 30 days. Alexandria Real Estate Equities has a market cap of $4.34 billion and is part of the financial sector and real estate industry. Shares are up 1.3% year to date as of the close of trading on Monday.

Alexandria Real Estate Equities, Inc., a real estate investment trust (REIT), engages in the ownership, operation, management, development, acquisition, and redevelopment of properties for the life sciences industry. The company has a P/E ratio of 43.4, below the average real estate industry P/E ratio of 44.2 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Alexandria Real Estate Equities as a buy. 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, good cash flow from operations, increase in net income and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Alexandria Real Estate Equities Ratings Report.

See our dividend calendar or top-yielding stocks list.
null

If you liked this article you might like

A High-Income Hedge Against the Coming Wave of Dividend Cuts

A High-Income Hedge Against the Coming Wave of Dividend Cuts

REITs, Real Estate and Donald Trump in 2017

REITs, Real Estate and Donald Trump in 2017

3 Top REIT Plays Heading Into the Trump Presidency

3 Top REIT Plays Heading Into the Trump Presidency

This REIT Will Hold Up If the Market Soon Parties Like It's 1929

This REIT Will Hold Up If the Market Soon Parties Like It's 1929

4 Big Short-Squeeze Stocks That Could Pop This December

4 Big Short-Squeeze Stocks That Could Pop This December