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.