Credit: Dow Chemical Company ( DOW ) has announced an ex-dividend date of December 20, 2012 and a cash dividend payment of $0.32 per share scheduled for December 31, 2012. Shareholders who purchased DOW stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that DOW has paid the same dividend. At the current stock price of $31.82, the dividend yield is 4.02%.
The previous trading day's last sale of DOW was $31.82, representing a -11.81% decrease from the 52 week high of $36.08 and a 24.2% increase over the 52 week low of $25.62.
DOW is a part of the Basic Industries sector, which includes companies such as E.I. du Pont de Nemours and Company ( DD ) and Praxair, Inc. ( PX ). DOW's current earnings per share, an indicator of a company's profitability, is $1.3. Zacks Investment Research reports DOW's forecasted earnings growth in 2012 as -25.13%, compared to an industry average of -5.2%.
For more information on the declaration, record and payment dates, visit the DOW Dividend History page.
Interested in gaining exposure to DOW through an Exchange Traded Fund [ETF]?
The following ETF(s) have DOW as a top-10 holding:
- Select Sector SPDR Fund - Basic Industries ( XLB )
- iShares Dow Jones U.S. Basic Materials Index ( IYM )
- iShares S&P Global Materials Sector Index Fund ( MXI )
- Russell Contrarian ETF (CNTR).
The top-performing ETF of this group is MXI with an increase of 15.66% over the last 100 days. XLB has the highest percent weighting of DOW at 8.85%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
