PetroLogistics LP (PDH) Ex-Dividend Date Scheduled for May 02, 2013


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PetroLogistics LP ( PDH ) will begin trading ex-dividend on May 02, 2013. A cash dividend payment of $0.67 per share is scheduled to be paid on May 14, 2013. Shareholders who purchased PDH stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 139.29% increase over the prior quarter. At the current stock price of $13.75, the dividend yield is 19.49%.

The previous trading day's last sale of PDH was $13.75, representing a -19.4% decrease from the 52 week high of $17.06 and a 37.53% increase over the 52 week low of $10.00.

PDH is a part of the Basic Industries sector, which includes companies such as E.I. du Pont de Nemours and Company ( DD ) and Dow Chemical Company ( DOW ). PDH's current earnings per share, an indicator of a company's profitability, is $.33. Zacks Investment Research reports PDH's forecasted earnings growth in 2013 as 29%, compared to an industry average of 6%.

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

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
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