Dow Chemical Company ( DOW ) will begin trading ex-dividend on September 28, 2015. A cash dividend payment of $0.42 per share is scheduled to be paid on October 30, 2015. Shareholders who purchased DOW prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that DOW has paid the same dividend. At the current stock price of $42.49, the dividend yield is 3.95%.
The previous trading day's last sale of DOW was $42.49, representing a -21.02% decrease from the 52 week high of $53.80 and a 21.02% increase over the 52 week low of $35.11.
DOW is a part of the Basic Industries sector, which includes companies such as E.I. du Pont de Nemours and Company ( DD ) and LyondellBasell Industries NV ( LYB ). DOW's current earnings per share, an indicator of a company's profitability, is $3.49. Zacks Investment Research reports DOW's forecasted earnings growth in 2015 as 1.39%, compared to an industry average of -2.7%.
Interested in gaining exposure to DOW through an Exchange Traded Fund [ETF]?
The following ETF(s) have DOW as a top-10 holding:
- Materials Select Sector SPDR ( XLB )
- iShares U.S. Basic Materials ETF ( IYM )
- Vanguard Materials ETF - DNQ ( VAW )
- PowerShares DWA Basic Materials Momentum Portfolio ( PYZ )
- Guggenheim S&P 500 Equal Weight Materials ETF ( RTM ).
The top-performing ETF of this group is PYZ with an decrease of -15.99% over the last 100 days. XLB has the highest percent weighting of DOW at 8.79%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.