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Cleco Corporation (CNL) Ex-Dividend Date Scheduled for August 01, 2014

Cleco Corporation ( CNL ) will begin trading ex-dividend on August 01, 2014. A cash dividend payment of $0.4 per share is scheduled to be paid on August 15, 2014. Shareholders who purchased CNL stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 10.34% increase over the same period a year ago. At the current stock price of $58.25, the dividend yield is 2.75%.

The previous trading day's last sale of CNL was $58.25, representing a -1.62% decrease from the 52 week high of $59.21 and a 33.33% increase over the 52 week low of $43.69.

CNL is a part of the Public Utilities sector, which includes companies such as NextEra Energy, Inc. ( NEE ) and Dominion Resources, Inc. ( D ). CNL's current earnings per share, an indicator of a company's profitability, is $2.62. Zacks Investment Research reports CNL's forecasted earnings growth in 2014 as 7.77%, compared to an industry average of 1%.

For more information on the declaration, record and payment dates, visit the CNL Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.

Interested in gaining exposure to CNL through an Exchange Traded Fund [ETF]?

The following ETF(s) have CNL as a top-10 holding:

  • SPDR Russell 2000 Low Volatility ( SMLV )
  • iShares Morningstar Small Value Index Fund ( JKL )
  • First Trust Value Line Dividend Index Fund ( FVD )
  • iShares Russell 2000 Value Index Fund ( IWN )
  • ProShares Ultra Russell2000 Value ( UVT ).

The top-performing ETF of this group is FVD with an increase of 3.97% over the last 100 days. SMLV has the highest percent weighting of CNL at 2.08%.

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.

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