Investors Real Estate Trust ( IRET ) has announced an ex-dividend date of December 28, 2012 and a cash dividend payment of $0.13 per share scheduled for January 15, 2013. Shareholders who purchased IRET stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 6th quarter that IRET has paid the same dividend. At the current stock price of $8.91, the dividend yield is 5.84%.
The previous trading day's last sale of IRET was $8.91, representing a -0.78% decrease from the 52 week high of $8.98 and a 27.1% increase over the 52 week low of $7.01.
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 $.12. Zacks Investment Research reports IRET's forecasted earnings growth in 2013 as 3.08%, compared to an industry average of 3.4%.
For more information on the declaration, record and payment dates, visit the IRET Dividend History page.