Alexandria Real Estate Equities, Inc. (ARE) Ex-Dividend Date Scheduled for September 28, 2015
Alexandria Real Estate Equities, Inc. ( ARE ) will begin trading ex-dividend on September 28, 2015. A cash dividend payment of $0.77 per share is scheduled to be paid on October 15, 2015. Shareholders who purchased ARE prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 6.94% increase over the same period a year ago. At the current stock price of $88.74, the dividend yield is 3.47%.
The previous trading day's last sale of ARE was $88.74, representing a -13.81% decrease from the 52 week high of $102.96 and a 21.71% increase over the 52 week low of $72.91.
ARE is a part of the Consumer Services sector, which includes companies such as Simon Property Group, Inc. ( SPG ) and American Tower Corporation (REIT) ( AMT ). ARE's current earnings per share, an indicator of a company's profitability, is $.85. Zacks Investment Research reports ARE's forecasted earnings growth in 2015 as 9.29%, compared to an industry average of 7.7%.
Interested in gaining exposure to ARE through an Exchange Traded Fund [ETF]?
The following ETF(s) have ARE as a top-10 holding:
- PowerShares S&P MidCap Low Volatility Portfolio ( XMLV )
- QuantShares U.S. Market Neutral Anti Beta Fund ETF ( BTAL )
- Direxion Financial Bull 3X Shares ( FAS ).
The top-performing ETF of this group is BTAL with an increase of 4.83% over the last 100 days. XMLV has the highest percent weighting of ARE at 1.5%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.