Energy Transfer Equity, L.P. (ETE) Ex-Dividend Date Scheduled for May 02, 2013


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Energy Transfer Equity, L.P. ( ETE ) will begin trading ex-dividend on May 02, 2013. A cash dividend payment of $0.645 per share is scheduled to be paid on May 17, 2013. Shareholders who purchased ETE stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 1.57% increase over the prior quarter. At the current stock price of $58.68, the dividend yield is 4.4%.

The previous trading day's last sale of ETE was $58.68, representing a -2.59% decrease from the 52 week high of $60.24 and a 72.59% increase over the 52 week low of $34.

ETE is a part of the Public Utilities sector, which includes companies such as Enterprise Products Partners L.P. ( EPD ) and National Grid Transco, PLC ( NGG ). ETE's current earnings per share, an indicator of a company's profitability, is $1.22. Zacks Investment Research reports ETE's forecasted earnings growth in 2013 as 819.33%, compared to an industry average of -.5%.

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

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

  • Guggenheim Mid-Cap Core ETF ( CZA )
  • Guggenheim Defensive Equity ETF ( DEF ).

The top-performing ETF of this group is DEF with an increase of 13.8% over the last 100 days. CZA has the highest percent weighting of ETE at 2.25%.

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: CZA , DEF , EPD , ETE , NGG

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