Cleco Corporation (
) 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 (
) and NextEra Energy, Inc. (
). 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
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 (
- Vanguard Scottsdale Funds Vanguard Russell 2000 Value ETF (
- iShares Russell 2000 Value Index Fund (
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%.