Lorillard, Inc (LO) Ex-Dividend Date Scheduled for May 28, 2014

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Lorillard, Inc ( LO ) will begin trading ex-dividend on May 28, 2014. A cash dividend payment of $0.615 per share is scheduled to be paid on June 10, 2014. Shareholders who purchased LO stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 11.82% increase over the same period a year ago. At the current stock price of $60.2, the dividend yield is 4.09%.

The previous trading day's last sale of LO was $60.2, representing a -5.29% decrease from the 52 week high of $63.56 and a 44.84% increase over the 52 week low of $41.56.

LO is a part of the Consumer Non-Durables sector, which includes companies such as Philip Morris International Inc ( PM ) and British American Tobacco p.l.c. ( BTI ). LO's current earnings per share, an indicator of a company's profitability, is $3.02. Zacks Investment Research reports LO's forecasted earnings growth in 2014 as 10.1%, compared to an industry average of 2.2%.


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

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

  • Guggenheim S&P 500 Equal Weight Consumer Staples ETF ( RHS )
  • PowerShares S&P 500 High Dividend Portfolio ( SPHD )
  • iShares Russell MidCap Growth Index Fund ( IWP ).

The top-performing ETF of this group is SPHD with an increase of 7.59% over the last 100 days. RHS has the highest percent weighting of LO at 2.5%.



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: LO , PM , BTI , RHS , SPHD , IWP

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