Douglas Emmett, Inc. ( DEI ) will begin trading ex-dividend on March 26, 2013. A cash dividend payment of $0.18 per share is scheduled to be paid on April 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 same period a year ago.
The previous trading day's last sale of DEI was $24.98, representing a -1.58% decrease from the 52 week high of $25.38 and a 19.98% increase over the 52 week low of $20.82.
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 $.17. Zacks Investment Research reports DEI's forecasted earnings growth in 2013 as 4.08%, compared to an industry average of 7.6%.
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 11.07% over the last 100 days. It also has the highest percent weighting of DEI at 0.57%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.