Emerson Electric Company ( EMR ) will begin trading ex-dividend on November 12, 2014. A cash dividend payment of $0.47 per share is scheduled to be paid on December 10, 2014. Shareholders who purchased EMR stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 9.3% increase over the prior quarter. At the current stock price of $65.11, the dividend yield is 2.89%.
The previous trading day's last sale of EMR was $65.11, representing a -7.85% decrease from the 52 week high of $70.66 and a 12.73% increase over the 52 week low of $57.76.
EMR is a part of the Energy sector, which includes companies such as General Electric Company ( GE ) and Koninklijke Philips N.V. ( PHG ). EMR's current earnings per share, an indicator of a company's profitability, is $3.03. Zacks Investment Research reports EMR's forecasted earnings growth in 2015 as 6.87%, compared to an industry average of 7%.
Interested in gaining exposure to EMR through an Exchange Traded Fund [ETF]?
The following ETF(s) have EMR as a top-10 holding:
- PowerShares DWA Industrials Momentum Portfolio ( PRN )
- Select Sector SPDR Fund - Industrial ( XLI )
- Vanguard Industrials ETF ( VIS ).
The top-performing ETF of this group is XLI with an increase of 2.45% over the last 100 days. PRN has the highest percent weighting of EMR at 2.73%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.