Mack-Cali Realty Corporation ( CLI ) will begin trading ex-dividend on April 01, 2013. A cash dividend payment of $0.45 per share is scheduled to be paid on April 12, 2013. Shareholders who purchased CLI stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 17th quarter that CLI has paid the same dividend. At the current stock price of $28.7, the dividend yield is 6.27%.
The previous trading day's last sale of CLI was $28.7, representing a -2.55% decrease from the 52 week high of $29.45 and a 17.79% increase over the 52 week low of $24.37.
CLI is a part of the Consumer Services sector, which includes companies such as Simon Property Group, Inc. ( SPG ) and American Tower Corporation (REIT) ( AMT ). CLI's current earnings per share, an indicator of a company's profitability, is $.42. Zacks Investment Research reports CLI's forecasted earnings growth in 2013 as -4.55%, compared to an industry average of 7.6%.
For more information on the declaration, record and payment dates, visit the CLI Dividend History page.
Interested in gaining exposure to CLI through an Exchange Traded Fund [ETF]?
The following ETF(s) have CLI as a top-10 holding:
- PowerShares KBW Premium Yield Equity REIT Portfolio ETF ( KBWY ).
The top-performing ETF of this group is KBWY with an increase of 19.55% over the last 100 days. It also has the highest percent weighting of CLI at 3.41%.
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.