Loews Corporation (L) Ex-Dividend Date Scheduled for May 30, 2013


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Loews Corporation ( L ) will begin trading ex-dividend on May 30, 2013. A cash dividend payment of $0.0625 per share is scheduled to be paid on June 14, 2013. Shareholders who purchased L stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 29th quarter that L has paid the same dividend. At the current stock price of $46.2, the dividend yield is .54%.

The previous trading day's last sale of L was $46.2, representing a -1.91% decrease from the 52 week high of $47.10 and a 21.13% increase over the 52 week low of $38.14.

L is a part of the Finance sector, which includes companies such as American International Group, Inc. ( AIG ) and The Travelers Companies, Inc. ( TRV ). L's current earnings per share, an indicator of a company's profitability, is $1.13. Zacks Investment Research reports L's forecasted earnings growth in 2013 as 30.74%, compared to an industry average of 11.6%.

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

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

  • iShares Dow Jones U.S. Insurance Index Fund ( IAK )
  • SPDR S&P Insurance ETF ( KIE )
  • PowerShares Dynamic LargeCap Value ( PWV ).

The top-performing ETF of this group is IAK with an increase of 19.91% over the last 100 days. It also has the highest percent weighting of L at 3.02%.

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: AIG , IAK , KIE , L , PWV , TRV

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