Credit: Shutterstock photoInland 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.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
