Douglas Emmett, Inc. ( DEI ) will begin trading ex-dividend on December 28, 2016. A cash dividend payment of $0.23 per share is scheduled to be paid on January 13, 2017. Shareholders who purchased DEI prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 4.55% increase over prior dividend payment. At the current stock price of $35.49, the dividend yield is 2.59%.
The previous trading day's last sale of DEI was $35.49, representing a -9.58% decrease from the 52 week high of $39.25 and a 43.51% increase over the 52 week low of $24.73.
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 $.52. Zacks Investment Research reports DEI's forecasted earnings growth in 2016 as 11.04%, compared to an industry average of 1.4%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.