Masco Corporation (MAS) Ex-Dividend Date Scheduled for July 02, 2013


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Masco Corporation ( MAS ) will begin trading ex-dividend on July 02, 2013. A cash dividend payment of $0.075 per share is scheduled to be paid on August 05, 2013. Shareholders who purchased MAS stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 18th quarter that MAS has paid the same dividend. At the current stock price of $19.49, the dividend yield is 1.54%.

The previous trading day's last sale of MAS was $19.49, representing a -14.63% decrease from the 52 week high of $22.83 and a 69.04% increase over the 52 week low of $11.53.

MAS is a part of the Basic Industries sector, which includes companies such as Louisiana-Pacific Corporation ( LPX ) and Ply Gem Holdings, Inc. ( PGEM ). MAS's current earnings per share, an indicator of a company's profitability, is -$.3. Zacks Investment Research reports MAS's forecasted earnings growth in 2013 as 115.1%, compared to an industry average of 7%.

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

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

  • SPDR Homebuilders ETF ( XHB )
  • First Trust Materials AlphaDEX Fund ( FXZ )
  • Guggenheim S&P 500 Equal Weight Industrials ETF ( RGI )
  • First Trust Large Cap Growth AlphaDEX Fund (based on the Defin ( FTC )
  • First Trust MuFirst Trust Multi CG AlphaDEX ( FAD ).

The top-performing ETF of this group is FAD with an increase of 16.87% over the last 100 days. XHB has the highest percent weighting of MAS at 3.63%.

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

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