General Growth Stock To Go Ex-dividend Tomorrow (GGP)

NEW YORK ( TheStreet) -- The ex-dividend date for General Growth Properties (NYSE: GGP) is tomorrow, July 12, 2013. Owners of shares as of market close today will be eligible for a dividend of 12 cents per share. At a price of $20.81 as of 9:30 a.m. ET, the dividend yield is 2.4%.

The average volume for General Growth has been 3.7 million shares per day over the past 30 days. General Growth has a market cap of $19.71 billion and is part of the financial sector and real estate industry. Shares are up 3.2% year to date as of the close of trading on Wednesday.

General Growth Properties, Inc. operates as a real estate investment trust in the United States. It operates in two segments, Retail and Other, and Master Planned Communities.

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TheStreet Ratings rates General Growth as a hold. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and poor profit margins. You can view the full General Growth Ratings Report.

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