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Investors Real Estate Trust (IRET) Ex-Dividend Date Scheduled for September 12, 2013
By: NASDAQ.com News
Investors Real Estate Trust ( IRET ) will begin trading ex-dividend on September 12, 2013. A cash dividend payment of $0.13 per share is scheduled to be paid on October 01, 2013. Shareholders who purchased IRET stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 9th quarter that IRET has paid the same dividend. At the current stock price of $8.18, the dividend yield is 6.36%.
The previous trading day's last sale of IRET was $8.18, representing a -18.36% decrease from the 52 week high of $10.02 and a 6.23% increase over the 52 week low of $7.70.
IRET is a part of the Consumer Services sector, which includes companies such as Simon Property Group, Inc. ( SPG ) and American Tower Corporation (REIT) ( AMT ). IRET's current earnings per share, an indicator of a company's profitability, is $.15. Zacks Investment Research reports IRET's forecasted earnings growth in 2014 as 2.17%, compared to an industry average of 8.2%.