Meadwestvaco Corporation (MWV) Ex-Dividend Date Scheduled for April 30, 2013


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Meadwestvaco Corporation ( MWV ) will begin trading ex-dividend on April 30, 2013. A cash dividend payment of $0.25 per share is scheduled to be paid on June 03, 2013. Shareholders who purchased MWV stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 9th quarter that MWV has paid the same dividend. At the current stock price of $34.19, the dividend yield is 2.92%.

The previous trading day's last sale of MWV was $34.19, representing a -10.94% decrease from the 52 week high of $38.39 and a 30.75% increase over the 52 week low of $26.15.

MWV is a part of the Basic Industries sector, which includes companies such as International Paper Company ( IP ) and Fibria Celulose S.A. ( FBR ). MWV's current earnings per share, an indicator of a company's profitability, is $1.16. Zacks Investment Research reports MWV's forecasted earnings growth in 2013 as 30.74%, compared to an industry average of 19.5%.

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

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

  • Guggenheim Timber ETF ( CUT )
  • iShares S&P Global Timber &Forestry Index Fund ( WOOD )
  • Guggenheim S&P 500 Equal Weight Materials ETF ( RTM ).

The top-performing ETF of this group is CUT with an increase of 21.56% over the last 100 days. It also has the highest percent weighting of MWV at 4.75%.

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: CUT , FBR , IP , MWV , RTM , WOOD

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