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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 BRE Properties (NYSE: BRE) is tomorrow, March 13, 2013. Owners of shares as of market close today will be eligible for a dividend of 40 cents per share. At a price of $48.59 as of 3:20 p.m. ET, the dividend yield is 3.2%. The average volume for BRE has been 718,000 shares per day over the past 30 days. BRE has a market cap of $3.79 billion and is part of the financial sector and real estate industry. Shares are down 4.1% year to date as of the close of trading on Monday. BRE Properties Inc. is an independent real estate investment trust. The firm invests in the real estate markets of the United States. It focuses on the development, acquisition, and management of multifamily apartment communities. BRE Properties Inc. The company has a P/E ratio of 28.3, above the S&P 500 P/E ratio of 17.7.