Salient Midstream (SMM) Ex-Dividend Date Scheduled for May 17, 2013


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Salient Midstream ( SMM ) will begin trading ex-dividend on May 17, 2013. A cash dividend payment of $0.34 per share is scheduled to be paid on May 29, 2013. Shareholders who purchased SMM stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 1.49% increase over the prior quarter. At the current stock price of $26.16, the dividend yield is 5.2%.

The previous trading day's last sale of SMM was $26.16, representing a -0.34% decrease from the 52 week high of $26.25 and a 53.61% increase over the 52 week low of $17.03.

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

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

  • Guggenheim Shipping ETF ( SEA )
  • PowerShares FTSE RAFI Developed Markets ex-U.S. Small-Mid Port ( PDN ).

The top-performing ETF of this group is PDN with an increase of 8.3% over the last 100 days. SEA has the highest percent weighting of SMM at 5.88%.

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
Referenced Stocks: PDN , SEA , SMM

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