Oi S.A. (OIBR) Ex-Dividend Date Scheduled for March 22, 2013

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Oi S.A. ( OIBR ) will begin trading ex-dividend on March 22, 2013. A cash dividend payment of $0.3084 per share Shareholders who purchased OIBR stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 1.85% increase over the prior quarter.

The previous trading day's last sale of OIBR was $3.56, representing a -49.46% decrease from the 52 week high of $7.04 and a 2.59% increase over the 52 week low of $3.47.

OIBR is a part of the Public Utilities sector, which includes companies such as China Mobile (Hong Kong) Ltd. ( CHL ) and AT&T Inc. ( T ). Zacks Investment Research reports OIBR's forecasted earnings growth in 2013 as -71.36%, compared to an industry average of -3.5%.

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

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

  • Guggenheim ABC High Dividend ETF (ABCS).

The top-performing ETF of this group is ABCS with an decrease of -1.56% over the last 100 days. It also has the highest percent weighting of OIBR at 4.87%.



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: CHL , OIBR , T

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