El Paso Electric Company (EE) Ex-Dividend Date Scheduled for December 11, 2012


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El Paso Electric Company ( EE ) has announced an ex-dividend date of December 11, 2012 and a cash dividend payment of $0.25 per share scheduled for December 28, 2012. Shareholders who purchased EE stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that EE has paid the same dividend. At the current stock price of $31.64, the dividend yield is 3.16%.

The previous trading day's last sale of EE was $31.64, representing a -11.4% decrease from the 52 week high of $35.71 and a 8.47% increase over the 52 week low of $29.17.

EE is a part of the Public Utilities sector, which includes companies such as Southern Company ( SO ) and Dominion Resources, Inc. ( D ). EE's current earnings per share, an indicator of a company's profitability, is $2.27. Zacks Investment Research reports EE's forecasted earnings growth in 2012 as -6.99%, compared to an industry average of -1.2%.

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

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

  • PowerShares Exchange-Traded Fund Trust II PowerShares S&P Smal ( PSCU ).

The top-performing ETF of this group is PSCU with an decrease of -4.4% over the last 100 days. It also has the highest percent weighting of EE at 4.76%.

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
More Headlines for: D , EE , PSCU , SO

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