ITC Holdings Corp. (ITC) Ex-Dividend Date Scheduled for May 30, 2013

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ITC Holdings Corp. ( ITC ) will begin trading ex-dividend on May 30, 2013. A cash dividend payment of $0.3775 per share is scheduled to be paid on June 17, 2013. Shareholders who purchased ITC stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that ITC has paid the same dividend. At the current stock price of $89, the dividend yield is 1.7%.

The previous trading day's last sale of ITC was $89, representing a -5.01% decrease from the 52 week high of $93.69 and a 33.73% increase over the 52 week low of $66.55.

ITC is a part of the Public Utilities sector, which includes companies such as Southern Company ( SO ) and Dominion Resources, Inc. ( D ). ITC's current earnings per share, an indicator of a company's profitability, is $3.66. Zacks Investment Research reports ITC's forecasted earnings growth in 2013 as 18.6%, compared to an industry average of 4.1%.

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

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 increase of 14.05% over the last 100 days. It also has the highest percent weighting of ITC at 4.43%.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: News Headlines , Stocks

Referenced Stocks: D , GRID , ITC , SO

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