Apartment Investment and Management Company ( AIV ) will begin trading ex-dividend on May 14, 2014. A cash dividend payment of $0.26 per share is scheduled to be paid on May 30, 2014. Shareholders who purchased AIV stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 8.33% increase over the same period a year ago. At the current stock price of $31.56, the dividend yield is 3.3%.
The previous trading day's last sale of AIV was $31.56, representing a -5.62% decrease from the 52 week high of $33.44 and a 27.36% increase over the 52 week low of $24.78.
AIV is a part of the Consumer Services sector, which includes companies such as Simon Property Group, Inc. ( SPG ) and American Tower Corporation (REIT) ( AMT ). AIV's current earnings per share, an indicator of a company's profitability, is $1.81. Zacks Investment Research reports AIV's forecasted earnings growth in 2014 as 1.47%, compared to an industry average of 4.2%.
For more information on the declaration, record and payment dates, visit the AIV Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
Interested in gaining exposure to AIV through an Exchange Traded Fund [ETF]?
The following ETF(s) have AIV as a top-10 holding:
- Schwab U.S. REIT ETF ( SCHH )
- RevenueShares Financials Sector ( RWW )
- ALPS GS Risk Adjusted Return U.S. Large Cap Index ETF ( GSRA ).
The top-performing ETF of this group is SCHH with an increase of 16.92% over the last 100 days. It also has the highest percent weighting of AIV at 0.92%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.