Inland Real Estate Corporation ( IRC ) has announced an ex-dividend date of December 27, 2012 and a cash dividend payment of $0.0475 per share scheduled for January 17, 2013. Shareholders who purchased IRC stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 44th quarter that IRC has paid the same dividend. At the current stock price of $8.31, the dividend yield is 6.86%.
The previous trading day's last sale of IRC was $8.31, representing a -13.89% decrease from the 52 week high of $9.65 and a 37.36% 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 $.03. Zacks Investment Research reports IRC's forecasted earnings growth in 2012 as 5.18%, compared to an industry average of 1.1%.
For more information on the declaration, record and payment dates, visit the IRC Dividend History page.
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