Cytec Industries Inc. ( CYT ) will begin trading ex-dividend on May 07, 2014. A cash dividend payment of $0.125 per share is scheduled to be paid on May 27, 2014. Shareholders who purchased CYT stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 14th quarter that CYT has paid the same dividend. At the current stock price of $97.56, the dividend yield is .51%.
The previous trading day's last sale of CYT was $97.56, representing a -2.03% decrease from the 52 week high of $99.58 and a 41.88% increase over the 52 week low of $68.76.
CYT is a part of the Basic Industries sector, which includes companies such as E.I. du Pont de Nemours and Company ( DD ) and Dow Chemical Company ( DOW ). CYT's current earnings per share, an indicator of a company's profitability, is $5.16. Zacks Investment Research reports CYT's forecasted earnings growth in 2014 as 20.8%, compared to an industry average of 9.2%.
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