Northeast Utilities (NU) Ex-Dividend Date Scheduled for May 29, 2013

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Northeast Utilities ( NU ) will begin trading ex-dividend on May 29, 2013. A cash dividend payment of $0.3675 per share is scheduled to be paid on June 28, 2013. Shareholders who purchased NU stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 7.14% increase over the same period a year ago. At the current stock price of $42.84, the dividend yield is 3.43%.

The previous trading day's last sale of NU was $42.84, representing a -6.18% decrease from the 52 week high of $45.66 and a 20.44% increase over the 52 week low of $35.57.

NU is a part of the Public Utilities sector, which includes companies such as Southern Company ( SO ) and Dominion Resources, Inc. ( D ). NU's current earnings per share, an indicator of a company's profitability, is $2.08. Zacks Investment Research reports NU's forecasted earnings growth in 2013 as 11.88%, compared to an industry average of 4.7%.

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

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

  • First Trust North American Energy Infrastructure Fund ( EMLP )
  • Guggenheim S&P 500 Equal Weight Utilities ETF ( RYU )
  • Guggenheim Mid-Cap Core ETF ( CZA )
  • WisdomTree MidCap Dividend Fund ( DON )
  • iShares Morningstar Mid Value Index Fund ( JKI ).

The top-performing ETF of this group is JKI with an increase of 22.42% over the last 100 days. EMLP has the highest percent weighting of NU at 3.03%.



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: CZA , D , DON , EMLP , JKI , NU , RYU , SO

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