Praxair, Inc. (PX) Ex-Dividend Date Scheduled for December 05, 2012

By NASDAQ.com News,  December 03, 2012, 09:00:04 AM EDT

Praxair, Inc. ( PX ) has announced an ex-dividend date of December 05, 2012 and a cash dividend payment of $0.55 per share scheduled for December 17, 2012. Shareholders who purchased PX stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that PX has paid the same dividend. At the current stock price of $107.21, the dividend yield is 2.05%.

The previous trading day's last sale of PX was $107.21, representing a -8.31% decrease from the 52 week high of $116.93 and a 7.21% increase over the 52 week low of $100.

PX 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 ). PX's current earnings per share, an indicator of a company's profitability, is $5.61. Zacks Investment Research reports PX's forecasted earnings growth in 2012 as 2.52%, compared to an industry average of -3.5%.

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

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

  • Select Sector SPDR Fund - Basic Industries ( XLB )
  • iShares Dow Jones U.S. Basic Materials Index ( IYM ).

The top-performing ETF of this group is XLB with an increase of 5.07% over the last 100 days. It also has the highest percent weighting of PX at 7.52%.




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: DD, DOW, IYM, PX, XLB



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