Douglas Emmett, Inc. ( DEI ) will begin trading ex-dividend on June 28, 2017. A cash dividend payment of $0.23 per share is scheduled to be paid on July 14, 2017. Shareholders who purchased DEI prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that DEI has paid the same dividend. At the current stock price of $38.58, the dividend yield is 2.38%.
The previous trading day's last sale of DEI was $38.58, representing a -5.42% decrease from the 52 week high of $40.79 and a 16.2% increase over the 52 week low of $33.20.
DEI is a part of the Consumer Services sector, which includes companies such as American Tower Corporation (REIT) ( AMT ) and Simon Property Group, Inc. ( SPG ). DEI's current earnings per share, an indicator of a company's profitability, is $.58. Zacks Investment Research reports DEI's forecasted earnings growth in 2017 as 5.87%, compared to an industry average of .5%.
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