NEW YORK ( TheStreet) -- The ex-dividend date for American Realty Capital Properties (Nasdaq: ARCP) is tomorrow, July 3, 2013. Owners of shares as of market close today will be eligible for a dividend of 8 cents per share. At a price of $15.31 as of 9:31 a.m. ET, the dividend yield is 6%.

The average volume for American has been 3.7 million shares per day over the past 30 days. American has a market cap of $2.36 billion and is part of the financial sector and real estate industry. Shares are up 15.3% year to date as of the close of trading on Monday.

American Realty Capital Properties, Inc. owns and acquires single tenant, freestanding commercial real estate that is net leased on a medium-term basis, primarily to investment grade credit rated and other creditworthy tenants. The company principally invests in retail and office properties.

  • 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 American as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow. You can view the full American Ratings Report.

See our dividend calendar or top-yielding stocks list.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more..

null

More from Markets

Jim Cramer: The Market Refs Are Gone, and Flash Crashes Will Keep Happening

Jim Cramer: The Market Refs Are Gone, and Flash Crashes Will Keep Happening

Does Davos Matter Anymore? Why Jim Cramer Says It Will Play Less of a Role

Does Davos Matter Anymore? Why Jim Cramer Says It Will Play Less of a Role

Investing Is a 'Constant Learning Game' According to M1 Finance CEO

Investing Is a 'Constant Learning Game' According to M1 Finance CEO

IBM, Procter & Gamble, Ford, Comcast and Mariano Rivera - 5 Things You Must Know

IBM, Procter & Gamble, Ford, Comcast and Mariano Rivera - 5 Things You Must Know

IBM Shares Jump After Beating Earnings and Guidance Expectations

IBM Shares Jump After Beating Earnings and Guidance Expectations