Merck & Company, Inc. ( MRK ) will begin trading ex-dividend on June 12, 2014. A cash dividend payment of $0.44 per share is scheduled to be paid on July 08, 2014. Shareholders who purchased MRK stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that MRK has paid the same dividend. At the current stock price of $58.49, the dividend yield is 3.01%.
The previous trading day's last sale of MRK was $58.49, representing a -2.26% decrease from the 52 week high of $59.84 and a 31.08% increase over the 52 week low of $44.62.
MRK is a part of the Health Care sector, which includes companies such as Johnson & Johnson ( JNJ ) and Novartis AG ( NVS ). MRK's current earnings per share, an indicator of a company's profitability, is $1.51. Zacks Investment Research reports MRK's forecasted earnings growth in 2014 as -.05%, compared to an industry average of 1.7%.
Interested in gaining exposure to MRK through an Exchange Traded Fund [ETF]?
The following ETF(s) have MRK as a top-10 holding:
- iShares U.S. Pharmaceutical ETF ( IHE )
- Select Sector SPDR Fund - Health Care ( XLV )
- First Trust Morningstar Dividend Leaders Index Fund ( FDL )
- iShares Dow Jones U.S. Health Care Index Fund ( IYH )
- Vanguard Health Care ETF ( VHT ).
The top-performing ETF of this group is FDL with an increase of 7.85% over the last 100 days. IHE has the highest percent weighting of MRK at 9.42%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.