Macquarie Infrastructure Company LLC (MIC) Ex-Dividend Date Scheduled for August 08, 2013


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Macquarie Infrastructure Company LLC ( MIC ) will begin trading ex-dividend on August 08, 2013. A cash dividend payment of $0.875 per share is scheduled to be paid on August 15, 2013. Shareholders who purchased MIC stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 27.27% increase over the prior quarter. At the current stock price of $56.83, the dividend yield is 6.16%.

The previous trading day's last sale of MIC was $56.83, representing a -5.13% decrease from the 52 week high of $59.90 and a 40.46% increase over the 52 week low of $40.46.

MIC is a part of the Energy sector, which includes companies such as C.H. Robinson Worldwide, Inc. ( CHRW ) and Expeditors International of Washington, Inc. ( EXPD ). MIC's current earnings per share, an indicator of a company's profitability, is -$.15. Zacks Investment Research reports MIC's forecasted earnings growth in 2013 as 17.04%, compared to an industry average of 4.1%.

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

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

  • AlphaClone Alternative Alpha ETF ( ALFA ).

The top-performing ETF of this group is ALFA with an increase of 10.89% over the last 100 days. It also has the highest percent weighting of MIC at 2.38%.

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: ALFA , CHRW , EXPD , MIC

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