Loral Space and Communications, Inc. (LORL) Ex-Dividend Date Scheduled for December 05, 2012


Loral Space and Communications, Inc. ( LORL ) has announced an ex-dividend date of December 05, 2012 and a cash dividend payment of $29 per share scheduled for December 04, 2012. Shareholders who purchased LORL stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 113.24% increase over the prior quarter. At the current stock price of $85.07.

The previous trading day's last sale of LORL was $85.07, representing a -0.9% decrease from the 52 week high of $85.84 and a 50.58% increase over the 52 week low of $56.50.

LORL is a part of the Technology sector, which includes companies such as QUALCOMM Incorporated ( QCOM ) and NTT DOCOMO, Inc ( DCM ). LORL's current earnings per share, an indicator of a company's profitability, is $.84. Zacks Investment Research reports LORL's forecasted earnings growth in 2012 as 16.28%, compared to an industry average of .2%.

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

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

  • Power Shares XTF: Dynamic Market Portfolio ( PWC ).

The top-performing ETF of this group is PWC with an increase of 4.19% over the last 100 days. It also has the highest percent weighting of LORL at 0.64%.

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: DCM , LORL , PWC , QCOM

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