Lear Corporation (LEA) Ex-Dividend Date Scheduled for February 27, 2013

By NASDAQ.com News February 25, 2013, 09:00:05 AM EDT

Lear Corporation ( LEA ) will begin trading ex-dividend on February 27, 2013. A cash dividend payment of $0.17 per share is scheduled to be paid on March 20, 2013. Shareholders who purchased LEA stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 21.43% increase over the prior quarter.

The previous trading day's last sale of LEA was $54.13, representing a -3.48% decrease from the 52 week high of $56.08 and a 55.5% increase over the 52 week low of $34.81.

LEA is a part of the Capital Goods sector, which includes companies such as Honeywell International Inc. ( HON ) and Ingersoll-Rand plc (Ireland) ( IR ). LEA's current earnings per share, an indicator of a company's profitability, is $13. Zacks Investment Research reports LEA's forecasted earnings growth in 2013 as -10.28%, compared to an industry average of 3.8%.

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

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

  • First Trust Cons. Discret. AlphaDEX ( FXD )
  • PowerShares Dynamic MagniQuant ( PIQ ).

The top-performing ETF of this group is PIQ with an increase of 15.74% over the last 100 days. FXD has the highest percent weighting of LEA at 1.65%.




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: FXD, HON, IR, LEA, PIQ



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