Douglas Emmett, Inc. ( DEI ) has announced an ex-dividend date of December 27, 2012 and a cash dividend payment of $0.18 per share scheduled for January 15, 2013. Shareholders who purchased DEI stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 20% increase over the prior quarter. At the current stock price of $23.16, the dividend yield is 3.11%.
The previous trading day's last sale of DEI was $23.16, representing a -6.5% decrease from the 52 week high of $24.77 and a 27.53% increase over the 52 week low of $18.16.
DEI is a part of the Consumer Services sector, which includes companies such as Simon Property Group, Inc. ( SPG ) and American Tower Corporation (REIT) ( AMT ). DEI's current earnings per share, an indicator of a company's profitability, is $.16. Zacks Investment Research reports DEI's forecasted earnings growth in 2012 as -.98%, compared to an industry average of 3.4%.
For more information on the declaration, record and payment dates, visit the DEI Dividend History page.
Interested in gaining exposure to DEI through an Exchange Traded Fund [ETF]?
The following ETF(s) have DEI as a top-10 holding:
- PowerShares Fundamental Pure Small Core Portfolio ( PXSC )
- PowerShares FTSE RAFI US 1500 Small-Mid Portfolio ( PRFZ ).
The top-performing ETF of this group is PXSC with an increase of 8.8% over the last 100 days. It also has the highest percent weighting of DEI at 0.61%.