ITC Holdings Corp. (ITC) Ex-Dividend Date Scheduled for November 27, 2013
ITC Holdings Corp. ( ITC ) will begin trading ex-dividend on November 27, 2013. A cash dividend payment of $0.425 per share is scheduled to be paid on December 16, 2013. Shareholders who purchased ITC stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 12.58% increase over the same period a year ago. At the current stock price of $91.36, the dividend yield is 1.86%.
The previous trading day's last sale of ITC was $91.36, representing a -14.41% decrease from the 52 week high of $106.74 and a 20.89% increase over the 52 week low of $75.57.
ITC is a part of the Public Utilities sector, which includes companies such as Dominion Resources, Inc. ( D ) and NextEra Energy, Inc. ( NEE ). ITC's current earnings per share, an indicator of a company's profitability, is $3.89. Zacks Investment Research reports ITC's forecasted earnings growth in 2013 as 17.95%, compared to an industry average of -.2%.
Interested in gaining exposure to ITC through an Exchange
Traded Fund [ETF]?
The following ETF(s) have ITC as a top-10 holding:
- First Trust NASDAQ Clean Edge U.S. Liquid Series Index Fund ( QCLN )
- Market Vectors Wide Moat ETF ( MOAT )
- First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index ( GRID ).
The top-performing ETF of this group is QCLN with an increase of 13.83% over the last 100 days. It also has the highest percent weighting of ITC at 7.72%.