Prologis Stock To Go Ex-dividend Tomorrow (PLD)

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, December 13, 2012. Owners of shares as of market close today will be eligible for a dividend of 28 cents per share. At a price of $35.30 as of 2:41 p.m. ET, the dividend yield is 3.2%.

The average volume for Prologis has been 2.6 million shares per day over the past 30 days. Prologis has a market cap of $16.21 billion and is part of the financial sector and real estate industry. Shares are up 23.1% year to date as of the close of trading on Tuesday.

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 153, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Prologis as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income and poor profit margins. You can view the full Prologis Ratings Report.

See our dividend calendar or top-yielding stocks list.

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