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NEW YORK ( TheStreet) -- The ex-dividend date for Federal Realty Investment (NYSE: FRT) is Monday, December 30, 2013. Owners of shares as of market close today will be eligible for a dividend of 78 cents per share. At a price of $101.88 as of 9:50 a.m. ET, the dividend yield is 3%. The average volume for Federal Realty Investment has been 399,000 shares per day over the past 30 days. Federal Realty Investment has a market cap of $6.64 billion and is part of the financial sector and real estate industry. Shares are down 2% year to date as of the close of trading on Thursday. Federal Realty Investment Trust operates as a real estate investment trust, which engages in the ownership, management, development, and redevelopment of retail and mixed-use properties.