Cleco Corporation (CNL) Ex-Dividend Date Scheduled for August 02, 2013

By
A A A

Cleco Corporation ( CNL ) will begin trading ex-dividend on August 02, 2013. A cash dividend payment of $0.3625 per share is scheduled to be paid on August 15, 2013. Shareholders who purchased CNL stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 7.41% increase over the same period a year ago. At the current stock price of $48.51, the dividend yield is 2.99%.

The previous trading day's last sale of CNL was $48.51, representing a -2.04% decrease from the 52 week high of $49.52 and a 26.13% increase over the 52 week low of $38.46.

CNL is a part of the Public Utilities sector, which includes companies such as Southern Company ( SO ) and NextEra Energy, Inc. ( NEE ). CNL's current earnings per share, an indicator of a company's profitability, is $2.65. Zacks Investment Research reports CNL's forecasted earnings growth in 2013 as 1.79%, compared to an industry average of 5.5%.

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

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

  • SPDR Russell 2000 Low Volatility ( SMLV )
  • Vanguard Scottsdale Funds Vanguard Russell 2000 Value ETF ( VTWV )
  • iShares Russell 2000 Value Index Fund ( IWN ).

The top-performing ETF of this group is VTWV with an increase of 10.93% over the last 100 days. SMLV has the highest percent weighting of CNL at 1.96%.



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



This article appears in: News Headlines , Stocks

Referenced Stocks: CNL , IWN , NEE , SMLV , SO , VTWV

NASDAQ.com News

NASDAQ.com News

More from NASDAQ.com News:

Related Videos

Stocks

Referenced

100%
100%
80%
100%
100%

Most Active by Volume

36,586,989
  • $41.35 ▼ 2.29%
33,435,019
  • $42.20 ▼ 10.86%
31,919,424
  • $9.72 ▼ 8.30%
30,045,396
  • $26.49 ▼ 1.41%
29,014,873
  • $8.05 ▼ 8%
27,308,018
  • $14.66 ▼ 8.32%
23,704,242
  • $118.93 ▼ 0.06%
23,514,654
  • $17.04 ▼ 0.41%
As of 11/28/2014, 01:06 PM

Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com