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.