Apartment Investment and Management Company (AIV) Ex-Dividend Date Scheduled for May 15, 2013


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Apartment Investment and Management Company ( AIV ) will begin trading ex-dividend on May 15, 2013. A cash dividend payment of $0.24 per share is scheduled to be paid on May 31, 2013. Shareholders who purchased AIV stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 33.33% increase over the same period a year ago. At the current stock price of $32.19, the dividend yield is 2.98%.

The previous trading day's last sale of AIV was $32.19, representing a -0.17% decrease from the 52 week high of $32.25 and a 33.85% increase over the 52 week low of $24.05.

AIV is a part of the Consumer Services sector, which includes companies such as Simon Property Group, Inc. ( SPG ) and American Tower Corporation (REIT) ( AMT ). AIV's current earnings per share, an indicator of a company's profitability, is $.67. Zacks Investment Research reports AIV's forecasted earnings growth in 2013 as 9.44%, compared to an industry average of 10.6%.

For more information on the declaration, record and payment dates, visit the AIV Dividend History page.

Interested in gaining exposure to AIV through an Exchange Traded Fund [ETF]?
The following ETF(s) have AIV as a top-10 holding:

  • Guggenheim Defensive Equity ETF ( DEF )
  • Schwab U.S. REIT ETF ( SCHH ).

The top-performing ETF of this group is SCHH with an increase of 16.91% over the last 100 days. DEF has the highest percent weighting of AIV at 1.08%.

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

This article appears in: News Headlines Stocks
Referenced Stocks: AIV , AMT , DEF , SCHH , SPG

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