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Greif Bros. Corporation (GEF) Ex-Dividend Date Scheduled for September 18, 2013
By: NASDAQ.com News
Greif Bros. Corporation ( GEF ) will begin trading ex-dividend on September 18, 2013. A cash dividend payment of $0.42 per share is scheduled to be paid on October 01, 2013. Shareholders who purchased GEF stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 14th quarter that GEF has paid the same dividend. At the current stock price of $50.78, the dividend yield is 3.31%.
The previous trading day's last sale of GEF was $50.78, representing a -12.85% decrease from the 52 week high of $58.27 and a 27.59% increase over the 52 week low of $39.80.
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 $2.38. Zacks Investment Research reports GEF's forecasted earnings growth in 2013 as 6.33%, compared to an industry average of 14.5%.