IDACORP, Inc. ( IDA ) will begin trading ex-dividend on February 02, 2018. A cash dividend payment of $0.59 per share is scheduled to be paid on February 28, 2018. Shareholders who purchased IDA prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 7.27% increase over prior dividend payment.
The previous trading day's last sale of IDA was $86.28, representing a -13.75% decrease from the 52 week high of $100.04 and a 10.54% increase over the 52 week low of $78.05.
IDA is a part of the Public Utilities sector, which includes companies such as NextEra Energy, Inc. ( NEE ) and Dominion Energy, Inc. ( D ). IDA's current earnings per share, an indicator of a company's profitability, is $4.11. Zacks Investment Research reports IDA's forecasted earnings growth in 2017 as 4.4%, compared to an industry average of 2.6%.
Interested in gaining exposure to IDA through an Exchange Traded Fund [ETF]?
The following ETF(s) have IDA as a top-10 holding:
- First Trust North American Energy Infrastructure Fund ( EMLP )
- PowerShares DWA Utilities Momentum Portfolio ( PUI )
- iShares U.S. Utilities ETF ( IDU ).
The top-performing ETF of this group is EMLP with an decrease of -2.46% over the last 100 days. It also has the highest percent weighting of IDA at 9999.99%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.