The ex-dividend date for DDR (NYSE:DDR) is tomorrow, March 12, 2013. Owners of shares as of market close today will be eligible for a dividend of 14 cents per share. At a price of $17.64 as of 9:31 a.m., the dividend yield is 3.1%.
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 DDR (NYSE: DDR) is tomorrow, March 12, 2013. Owners of shares as of market close today will be eligible for a dividend of 14 cents per share. At a price of $17.64 as of 9:31 a.m. ET, the dividend yield is 3.1%. The average volume for DDR has been 2.8 million shares per day over the past 30 days. DDR has a market cap of $5.54 billion and is part of the financial sector and real estate industry. Shares are up 13.1% year to date as of the close of trading on Friday. DDR Corp. operates as a real estate investment trust (REIT) in the United States. The company engages in acquiring, developing, redeveloping, owning, leasing, and managing shopping centers, mini-malls, and lifestyle centers.
EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.
TheStreet Ratings rates DDR as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and impressive record of earnings per share growth. However, as a counter to these strengths, we also find weaknesses including deteriorating net income and poor profit margins. You can view the full DDR 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.