General Growth Properties, Inc. ( GGP ) will begin trading ex-dividend on July 12, 2013. A cash dividend payment of $0.12 per share is scheduled to be paid on July 30, 2013. Shareholders who purchased GGP stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 20% increase over the same period a year ago. At the current stock price of $20.49, the dividend yield is 2.34%.
The previous trading day's last sale of GGP was $20.49, representing a -12.17% decrease from the 52 week high of $23.33 and a 20.88% increase over the 52 week low of $16.95.
GGP is a part of the Consumer Services sector, which includes companies such as Simon Property Group, Inc. ( SPG ) and American Tower Corporation (REIT) ( AMT ). GGP's current earnings per share, an indicator of a company's profitability, is -$.32. Zacks Investment Research reports GGP's forecasted earnings growth in 2013 as 13.71%, compared to an industry average of 5.1%.
For more information on the declaration, record and payment dates, visit the GGP Dividend History page.
Interested in gaining exposure to GGP through an Exchange Traded Fund [ETF]?
The following ETF(s) have GGP as a top-10 holding:
- iShares Retail Real Estate Cappd ETF ( RTL )
- PowerShares DWA Technical Leaders Portfolio ( PDP )
- N/A (WXSP).
The top-performing ETF of this group is WXSP with an increase of 36.61% over the last 100 days. RTL has the highest percent weighting of GGP at 8.82%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.