Douglas Emmett, Inc. ( DEI ) will begin trading ex-dividend on September 28, 2015. A cash dividend payment of $0.21 per share is scheduled to be paid on October 15, 2015. Shareholders who purchased DEI prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that DEI has paid the same dividend. At the current stock price of $29.51, the dividend yield is 2.85%.
The previous trading day's last sale of DEI was $29.51, representing a -4.93% decrease from the 52 week high of $31.04 and a 15.91% increase over the 52 week low of $25.46.
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 $.33. Zacks Investment Research reports DEI's forecasted earnings growth in 2015 as 5.97%, compared to an industry average of 7.7%.
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