El Paso Electric Company ( EE ) will begin trading ex-dividend on December 14, 2017. A cash dividend payment of $0.335 per share is scheduled to be paid on December 29, 2017. Shareholders who purchased EE prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that EE has paid the same dividend. At the current stock price of $58.1, the dividend yield is 2.31%.
The previous trading day's last sale of EE was $58.1, representing a -4.99% decrease from the 52 week high of $61.15 and a 29.98% increase over the 52 week low of $44.70.
EE is a part of the Public Utilities sector, which includes companies such as NextEra Energy, Inc. ( NEE ) and Dominion Energy, Inc. ( D ). EE's current earnings per share, an indicator of a company's profitability, is $2.4. Zacks Investment Research reports EE's forecasted earnings growth in 2017 as 5.16%, compared to an industry average of 2.1%.
For more information on the declaration, record and payment dates, visit the EE Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
Interested in gaining exposure to EE through an Exchange Traded Fund [ETF]?
The following ETF(s) have EE as a top-10 holding:
- PowerShares S&P SmallCap Utilities Portfolio ( PSCU ).
The top-performing ETF of this group is PSCU with an increase of 4.47% over the last 100 days. It also has the highest percent weighting of EE at 4.78%.
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.
