DCP Midstream LP (DCP) will begin trading ex-dividend on October 29, 2020. A cash dividend payment of $0.39 per share is scheduled to be paid on November 13, 2020. Shareholders who purchased DCP prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that DCP has paid the same dividend. At the current stock price of $13.52, the dividend yield is 11.54%.
The previous trading day's last sale of DCP was $13.52, representing a -48.51% decrease from the 52 week high of $26.26 and a 514.52% increase over the 52 week low of $2.20.
DCP is a part of the Public Utilities sector, which includes companies such as Enbridge Inc (ENB) and National Grid Transco, PLC (NGG). DCP's current earnings per share, an indicator of a company's profitability, is -$4.23. Zacks Investment Research reports DCP's forecasted earnings growth in 2020 as 18.91%, compared to an industry average of -10.4%.
Interested in gaining exposure to DCP through an Exchange Traded Fund [ETF]?
The following ETF(s) have DCP as a top-10 holding:
- Global X MLP ETF (MLPA)
- Alerian MLP ETF (AMLP)
- First Trust Natural Gas ETF (FCG)
- First Trust Multi-Asset Diversified Income Index Fund (MDIV)
- InfraCap MLP ETF (AMZA).
The top-performing ETF of this group is MDIV with an decrease of -10.29% over the last 100 days. MLPA has the highest percent weighting of DCP at 5.23%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.