Enbridge Energy, L.P. (EEP) Ex-Dividend Date Scheduled for May 06, 2013


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Enbridge Energy, L.P. ( EEP ) will begin trading ex-dividend on May 06, 2013. A cash dividend payment of $0.5435 per share is scheduled to be paid on May 15, 2013. Shareholders who purchased EEP stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that EEP has paid the same dividend. At the current stock price of $28.61, the dividend yield is 7.6%.

The previous trading day's last sale of EEP was $28.61, representing a -8.07% decrease from the 52 week high of $31.12 and a 6.44% increase over the 52 week low of $26.88.

EEP is a part of the Energy sector, which includes companies such as Enterprise Products Partners L.P. ( EPD ) and National Grid Transco, PLC ( NGG ). EEP's current earnings per share, an indicator of a company's profitability, is $.64. Zacks Investment Research reports EEP's forecasted earnings growth in 2013 as -.3%, compared to an industry average of 1.9%.

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

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

  • Alerian MLP ETF ( AMLP ).

The top-performing ETF of this group is AMLP with an increase of 9.96% over the last 100 days. It also has the highest percent weighting of EEP at 4.7%.

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: AMLP , EEP , EPD , NGG

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