Memorial Production Partners LP (MEMP) Ex-Dividend Date Scheduled for April 29, 2013

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Memorial Production Partners LP ( MEMP ) will begin trading ex-dividend on April 29, 2013. A cash dividend payment of $0.5125 per share is scheduled to be paid on May 13, 2013. Shareholders who purchased MEMP stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 0.99% increase over the prior quarter. At the current stock price of $20.23, the dividend yield is 10.13%.

The previous trading day's last sale of MEMP was $20.23, representing a -2.51% decrease from the 52 week high of $20.75 and a 28.77% increase over the 52 week low of $15.71.

MEMP is a part of the Energy sector, which includes companies such as PetroChina Company Limited ( PTR ) and Petroleo Brasileiro S.A.- Petrobras ( PBR ). MEMP's current earnings per share, an indicator of a company's profitability, is -$.01. Zacks Investment Research reports MEMP's forecasted earnings growth in 2013 as 73.71%, compared to an industry average of -3.3%.

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

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

  • Guggenheim Raymond James SB-1 Equity Fund ( RYJ ).

The top-performing ETF of this group is RYJ with an increase of 15.24% over the last 100 days. It also has the highest percent weighting of MEMP at 0.82%.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: News Headlines , Stocks

Referenced Stocks: MEMP , PBR , PTR , RYJ

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