FedEx Corporation ( FDX ) will begin trading ex-dividend on June 17, 2014. A cash dividend payment of $0.2 per share is scheduled to be paid on July 03, 2014. Shareholders who purchased FDX stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 33.33% increase over the prior quarter. At the current stock price of $140.27, the dividend yield is .57%.
The previous trading day's last sale of FDX was $140.27, representing a -3.26% decrease from the 52 week high of $144.99 and a 48.28% increase over the 52 week low of $94.60.
FDX is a part of the Transportation sector, which includes companies such as Delta Air Lines, Inc. ( DAL ) and American Airlines Group, Inc. ( AAL ). FDX's current earnings per share, an indicator of a company's profitability, is $5.28. Zacks Investment Research reports FDX's forecasted earnings growth in 2014 as 7.17%, compared to an industry average of -19.7%.
Interested in gaining exposure to FDX through an Exchange Traded Fund [ETF]?
The following ETF(s) have FDX as a top-10 holding:
- iShares Dow Jones Transportation Average Index Fund ( IYT )
- streetTRACKS Dow Jones Global Titans Index Fund ( DGT ).
The top-performing ETF of this group is IYT with an increase of 8.05% over the last 100 days. It also has the highest percent weighting of FDX at 9.96%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.