Nabors Industries Ltd. (NBR) Ex-Dividend Date Scheduled for March 07, 2013

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Nabors Industries Ltd. ( NBR ) will begin trading ex-dividend on March 07, 2013. A cash dividend payment of $0.04 per share is scheduled to be paid on March 28, 2013. Shareholders who purchased NBR stock prior to the ex-dividend date are eligible for the cash dividend payment. At the current stock price of $16.13, the dividend yield is .99%.

The previous trading day's last sale of NBR was $16.13, representing a -24.84% decrease from the 52 week high of $21.46 and a 30.08% increase over the 52 week low of $12.40.

NBR is a part of the Energy sector, which includes companies such as PetroChina Company Limited ( PTR ) and TotalFinaElf, S.A. ( TOT ). NBR's current earnings per share, an indicator of a company's profitability, is $.56. Zacks Investment Research reports NBR's forecasted earnings growth in 2013 as 53.79%, compared to an industry average of 12.9%.

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

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

  • SPDR Series Trust SPDR S&P Oil & Gas Equipment & Services ETF ( XES )
  • Schwab U.S. Mid Cap ETF ( SCHM ).

The top-performing ETF of this group is XES with an increase of 13.52% over the last 100 days. It also has the highest percent weighting of NBR at 2.61%.



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: NBR , PTR , SCHM , TOT , XES

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