First American Corporation (FAF) Ex-Dividend Date Scheduled for December 12, 2012


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First American Corporation ( FAF ) has announced an ex-dividend date of December 12, 2012 and a cash dividend payment of $0.12 per share scheduled for December 31, 2012. Shareholders who purchased FAF stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 50% increase over the prior quarter. At the current stock price of $23.84, the dividend yield is 2.01%.

The previous trading day's last sale of FAF was $23.84, representing a -4.56% decrease from the 52 week high of $24.98 and a 96.86% increase over the 52 week low of $12.11.

FAF is a part of the Finance sector, which includes companies such as Marsh & McLennan Companies, Inc. ( MMC ) and Aon plc ( AON ). FAF's current earnings per share, an indicator of a company's profitability, is $2.3. Zacks Investment Research reports FAF's forecasted earnings growth in 2012 as 90.08%, compared to an industry average of 6%.

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

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

  • Guggenheim Spin-Off ETF ( CSD )
  • Guggenheim S&P Midcap 400 Pure Value ETF ( RFV ).

The top-performing ETF of this group is RFV with an increase of 8.43% over the last 100 days. CSD has the highest percent weighting of FAF at 4.58%.

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: AON , CSD , FAF , MMC , RFV

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