The ex-dividend date for Prologis (NYSE:PLD) is tomorrow, March 8, 2013. Owners of shares as of market close today will be eligible for a dividend of 28 cents per share. At a price of $39.93 as of 9:30 a.m., the dividend yield is 2.8%.
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, March 8, 2013. Owners of shares as of market close today will be eligible for a dividend of 28 cents per share. At a price of $39.93 as of 9:30 a.m. ET, the dividend yield is 2.8%. The average volume for Prologis has been 2.7 million shares per day over the past 30 days. Prologis has a market cap of $18.53 billion and is part of the financial sector and real estate industry. Shares are up 9.2% year to date as of the close of trading on Wednesday. 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.
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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, solid stock price performance and notable return on equity. However, as a counter to these strengths, we find that the growth in the company's net income has been quite unimpressive. You can view the full Prologis Ratings Report. See our dividend calendar or top-yielding stocks list. It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE.