Altisource Residential Corporation (RESI) Ex-Dividend Date Scheduled for March 13, 2014
Altisource Residential Corporation ( RESI ) will begin trading ex-dividend on March 13, 2014. A cash dividend payment of $0.4 per share is scheduled to be paid on March 24, 2014. Shareholders who purchased RESI stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 400% increase over the prior month. At the current stock price of $28.98, the dividend yield is 16.56%.
The previous trading day's last sale of RESI was $28.98, representing a -17.32% decrease from the 52 week high of $35.05 and a 88.06% increase over the 52 week low of $15.41.
RESI is a part of the Finance sector, which includes companies such as CBRE Group, Inc. ( CBG ) and Realogy Holdings Corp. ( RLGY ). RESI's current earnings per share, an indicator of a company's profitability, is $1.16. Zacks Investment Research reports RESI's forecasted earnings growth in 2014 as 55.38%, compared to an industry average of 6.1%.
Interested in gaining exposure to RESI through an Exchange
Traded Fund [ETF]?
The following ETF(s) have RESI as a top-10 holding:
- iShares Trust Russell Microcap ( IWC ).
The top-performing ETF of this group is IWC with an increase of 14.88% over the last 100 days. It also has the highest percent weighting of RESI at 0.4%.