Credit: Shutterstock photoFederal Realty Investment Trust ( FRT ) has announced an ex-dividend date of December 28, 2012 and a cash dividend payment of $0.73 per share scheduled for January 15, 2013. Shareholders who purchased FRT stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 5.8% increase over the same period a year ago. At the current stock price of $104.67, the dividend yield is 2.79%.
The previous trading day's last sale of FRT was $104.67, representing a -5.28% decrease from the 52 week high of $110.51 and a 17.88% increase over the 52 week low of $88.79.
FRT is a part of the Consumer Services sector, which includes companies such as Simon Property Group, Inc. ( SPG ) and American Tower Corporation (REIT) ( AMT ). FRT's current earnings per share, an indicator of a company's profitability, is $2.26. Zacks Investment Research reports FRT's forecasted earnings growth in 2012 as 7.69%, compared to an industry average of 1.1%.
For more information on the declaration, record and payment dates, visit the FRT Dividend History page.
Interested in gaining exposure to FRT through an Exchange Traded Fund [ETF]?
The following ETF(s) have FRT as a top-10 holding:
- iShares FTSE NAREIT Retail Index Fund ( RTL )
- iShares S&P MidCap 400/BARRA Growth Index Fund ( IJK )
- SPDR S&P 400 Mid Cap Growth ETF (based on S&P MidCap 400 Growt ( MDYG )
- PowerShares Fundamental Pure Mid Growth Portfolio ( PXMG ).
The top-performing ETF of this group is IJK with an increase of 7.96% over the last 100 days. RTL has the highest percent weighting of FRT at 4.62%.
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.
