ITC Holdings Corp. (ITC) Ex-Dividend Date Scheduled for August 29, 2013


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ITC Holdings Corp. ( ITC ) will begin trading ex-dividend on August 29, 2013. A cash dividend payment of $0.425 per share is scheduled to be paid on September 16, 2013. Shareholders who purchased ITC stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 12.58% increase over the prior quarter. At the current stock price of $89.11, the dividend yield is 1.91%.

The previous trading day's last sale of ITC was $89.11, representing a -10.29% decrease from the 52 week high of $99.33 and a 25.95% increase over the 52 week low of $70.75.

ITC is a part of the Public Utilities sector, which includes companies such as Southern Company ( SO ) and NextEra Energy, Inc. ( NEE ). ITC's current earnings per share, an indicator of a company's profitability, is $3.75. Zacks Investment Research reports ITC's forecasted earnings growth in 2013 as 18.6%, compared to an industry average of 1.5%.

For more information on the declaration, record and payment dates, visit the ITC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.

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

  • First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index ( GRID ).

The top-performing ETF of this group is GRID with an decrease of -1.7% over the last 100 days. It also has the highest percent weighting of ITC at 8.32%.

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: GRID , ITC , NEE , SO

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