Memorial Production Partners LP (
) 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 $15.71.
MEMP is a part of the Energy sector, which includes companies
such as PetroChina Company Limited (
) and Petroleo Brasileiro S.A.- Petrobras (
). MEMP's current earnings per share, an indicator of a company's
profitability, is -$.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
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 (
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%.