Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model NEW YORK ( TheStreet) -- The ex-dividend date for Prologis (NYSE: PLD) is tomorrow, September 12, 2012. Owners of shares as of market close today will be eligible for a dividend of 28 cents per share. At a price of $35.75 as of 9:30 a.m. ET, the dividend yield is 3.1%. The average volume for Prologis has been 2.6 million shares per day over the past 30 days. Prologis has a market cap of $16.46 billion and is part of the financial sector and real estate industry. Shares are up 25% year to date as of the close of trading on Monday. Prologis Inc. is an independent equity real estate investment trust. It invests in the real estate markets across the globe. The firm engages in the ownership, development, management, and leasing of industrial distribution and retail properties. The company has a P/E ratio of 55, below the average real estate industry P/E ratio of 79.4 and above the S&P 500 P/E ratio of 17.7.
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