Inland Real Estate Corporation (IRC) Ex-Dividend Date Scheduled for August 28, 2013
Inland Real Estate Corporation ( IRC ) will begin trading ex-dividend on August 28, 2013. A cash dividend payment of $0.0475 per share is scheduled to be paid on September 17, 2013. Shareholders who purchased IRC stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 52nd quarter that IRC has paid the same dividend. At the current stock price of $10.07, the dividend yield is 5.66%.
The previous trading day's last sale of IRC was $10.07, representing a -16.43% decrease from the 52 week high of $12.05 and a 66.45% increase over the 52 week low of $6.05.
IRC is a part of the Consumer Services sector, which includes companies such as Simon Property Group, Inc. ( SPG ) and American Tower Corporation (REIT) ( AMT ). IRC's current earnings per share, an indicator of a company's profitability, is $1.22. Zacks Investment Research reports IRC's forecasted earnings growth in 2013 as 4.17%, compared to an industry average of 5.8%.
Interested in gaining exposure to IRC through an Exchange
Traded Fund [ETF]?
The following ETF(s) have IRC as a top-10 holding:
- PowerShares KBW Premium Yield Equity REIT Portfolio ETF ( KBWY ).
The top-performing ETF of this group is KBWY with an decrease of -9.09% over the last 100 days. It also has the highest percent weighting of IRC at 3.68%.