Inland Real Estate Corporation ( IRC ) will begin trading ex-dividend on March 27, 2013. A cash dividend payment of $0.0475 per share is scheduled to be paid on April 17, 2013. Shareholders who purchased IRC stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 47th quarter that IRC has paid the same dividend. At the current stock price of $9.92, the dividend yield is 5.75%.
The previous trading day's last sale of IRC was $9.92, representing a -1.29% decrease from the 52 week high of $10.05 and a 63.97% 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 $.11. Zacks Investment Research reports IRC's forecasted earnings growth in 2013 as 2.27%, compared to an industry average of 2.5%.
For more information on the declaration, record and payment dates, visit the IRC Dividend History page.
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 increase of 18.02% over the last 100 days. It also has the highest percent weighting of IRC at 3.64%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.