Memorial Production Partners LP (MEMP) Ex-Dividend Date Scheduled for July 30, 2013


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Memorial Production Partners LP ( MEMP ) will begin trading ex-dividend on July 30, 2013. A cash dividend payment of $0.5125 per share is scheduled to be paid on August 12, 2013. Shareholders who purchased MEMP stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 6.77% increase over the same period a year ago. At the current stock price of $20.75, the dividend yield is 9.88%.

The previous trading day's last sale of MEMP was $20.75, representing a -0.88% decrease from the 52 week high of $20.93 and a 25.76% increase over the 52 week low of $16.50.

MEMP is a part of the Energy sector, which includes companies such as PetroChina Company Limited ( PTR ) and TotalFinaElf, S.A. ( TOT ). MEMP's current earnings per share, an indicator of a company's profitability, is -$.81. Zacks Investment Research reports MEMP's forecasted earnings growth in 2013 as 56.19%, compared to an industry average of 3.2%.

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:

  • First Trust Exchange-Traded Fund VI Multi-Asset Diversified In ( MDIV ).

The top-performing ETF of this group is MDIV with an increase of 0.94% over the last 100 days. It also has the highest percent weighting of MEMP at 1.25%.

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
Referenced Stocks: MDIV , MEMP , PTR , TOT

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