Lorillard, Inc (LO) Ex-Dividend Date Scheduled for November 28, 2012


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Lorillard, Inc ( LO ) has announced an ex-dividend date of November 28, 2012 and a cash dividend payment of $1.55 per share scheduled for December 10, 2012. Shareholders who purchased LO stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that LO has paid the same dividend. At the current stock price of $123.27, the dividend yield is 5.03%.

The previous trading day's last sale of LO was $123.27, representing a -12.62% decrease from the 52 week high of $141.07 and a 15.39% increase over the 52 week low of $106.83.

LO is a part of the Consumer Non-Durables sector, which includes companies such as Philip Morris International Inc ( PM ) and British American Tobacco Industries, p.l.c. ( BTI ). LO's current earnings per share, an indicator of a company's profitability, is $8.35. Zacks Investment Research reports LO's forecasted earnings growth in 2012 as 6.29%, compared to an industry average of 10%.

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

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

  • iShares Dow Jones Select Dividend Index Fund ( DVY )
  • PowerShares Dynamic Consumer Staples ( PSL )
  • Guggenheim S&P 500 Equal Weight Consumer Staples ETF ( RHS )
  • iShares Russell MidCap Growth Index Fund ( IWP ).

The top-performing ETF of this group is PSL with an increase of 6.52% over the last 100 days. DVY has the highest percent weighting of LO at 3.69%.

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
More Headlines for: BTI , DVY , ETF , IWP , LO , PM , PSL , RHS

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