MarkWest Energy Partners, LP ( MWE ) will begin trading ex-dividend on August 01, 2014. A cash dividend payment of $0.88 per share is scheduled to be paid on August 14, 2014. Shareholders who purchased MWE stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 1.15% increase over the prior quarter. At the current stock price of $70.85, the dividend yield is 4.97%.
The previous trading day's last sale of MWE was $70.85, representing a -6.8% decrease from the 52 week high of $76.02 and a 20.86% increase over the 52 week low of $58.62.
MWE is a part of the Energy sector, which includes companies such as PetroChina Company Limited ( PTR ) and TotalFinaElf, S.A. ( TOT ). MWE's current earnings per share, an indicator of a company's profitability, is $.4. Zacks Investment Research reports MWE's forecasted earnings growth in 2014 as 872.22%, compared to an industry average of 16.3%.
Interested in gaining exposure to MWE through an Exchange Traded Fund [ETF]?
The following ETF(s) have MWE as a top-10 holding:
- Alerian MLP ETF ( AMLP ).
The top-performing ETF of this group is AMLP with an increase of 6.96% over the last 100 days. It also has the highest percent weighting of MWE at 5.93%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.