Marathon Oil Corporation (MRO) Ex-Dividend Date Scheduled for May 14, 2013


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Marathon Oil Corporation ( MRO ) will begin trading ex-dividend on May 14, 2013. A cash dividend payment of $0.17 per share is scheduled to be paid on June 10, 2013. Shareholders who purchased MRO stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 6th quarter that MRO has paid the same dividend. At the current stock price of $34.35, the dividend yield is 1.98%.

The previous trading day's last sale of MRO was $34.35, representing a -4.21% decrease from the 52 week high of $35.86 and a 48.25% increase over the 52 week low of $23.17.

MRO is a part of the Energy sector, which includes companies such as PetroChina Company Limited ( PTR ) and Petroleo Brasileiro S.A.- Petrobras ( PBR ). MRO's current earnings per share, an indicator of a company's profitability, is $2.18. Zacks Investment Research reports MRO's forecasted earnings growth in 2013 as 18.65%, compared to an industry average of 2.8%.

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

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

  • PowerShares Dynamic Energy E&P ( PXE )
  • First Trust Energy AlphaDEX Fund ( FXN )
  • Guggenheim S&P 500 Pure Value ETF ( RPV )
  • iShares FTSE Developed Small Cap ex-North America Index Fund ( IFSM ).

The top-performing ETF of this group is FXN with an increase of 18.87% over the last 100 days. PXE has the highest percent weighting of MRO at 4.86%.

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: FXN , IFSM , MRO , PBR , PTR , PXE , RPV

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