LPL Financial Holdings Inc. ( LPLA ) will begin trading ex-dividend on August 12, 2014. A cash dividend payment of $0.24 per share is scheduled to be paid on August 29, 2014. Shareholders who purchased LPLA stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that LPLA has paid the same dividend. At the current stock price of $47.02, the dividend yield is 2.04%.
The previous trading day's last sale of LPLA was $47.02, representing a -16.71% decrease from the 52 week high of $56.45 and a 28.54% increase over the 52 week low of $36.58.
LPLA is a part of the Finance sector, which includes companies such as Goldman Sachs Group, Inc. ( GS ) and Morgan Stanley ( MS ). LPLA's current earnings per share, an indicator of a company's profitability, is $1.72. Zacks Investment Research reports LPLA's forecasted earnings growth in 2014 as 4.26%, compared to an industry average of 2.2%.
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