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Greif Bros. Corporation (GEF) Ex-Dividend Date Scheduled for December 18, 2013
By: NASDAQ.com News
Greif Bros. Corporation ( GEF ) will begin trading ex-dividend on December 18, 2013. A cash dividend payment of $0.42 per share is scheduled to be paid on January 01, 2014. Shareholders who purchased GEF stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 15th quarter that GEF has paid the same dividend. At the current stock price of $51.68, the dividend yield is 3.25%.
The previous trading day's last sale of GEF was $51.68, representing a -11.31% decrease from the 52 week high of $58.27 and a 18.5% increase over the 52 week low of $43.61.
GEF is a part of the Consumer Durables sector, which includes companies such as Kimberly-Clark Corporation ( KMB ) and Rock-Tenn Company ( RKT ). GEF's current earnings per share, an indicator of a company's profitability, is $2.56. Zacks Investment Research reports GEF's forecasted earnings growth in 2014 as 13.52%, compared to an industry average of 10.8%.