American Campus Stock To Go Ex-dividend Tomorrow (ACC)

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 American Campus Communities (NYSE: ACC) is tomorrow, November 8, 2012. Owners of shares as of market close today will be eligible for a dividend of 34 cents per share. At a price of $45.70 as of 9:31 a.m. ET, the dividend yield is 2.9%.

The average volume for American Campus has been 838,900 shares per day over the past 30 days. American Campus has a market cap of $4.26 billion and is part of the financial sector and real estate industry. Shares are up 10.5% year to date as of the close of trading on Tuesday.

American Campus Communities, Inc. is an independent equity real estate investment trust. The firm invests in the real estate markets of the United States. It primarily engages in developing, owning, and managing high-quality student housing communities. The company has a P/E ratio of 74.8, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates American Campus as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full American Campus Ratings Report.

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