Northeast Utilities ( NU ) will begin trading ex-dividend on February 27, 2014. A cash dividend payment of $0.3925 per share is scheduled to be paid on March 31, 2014. Shareholders who purchased NU stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 6.8% increase over the prior quarter.
The previous trading day's last sale of NU was $44.42, representing a -2.72% decrease from the 52 week high of $45.66 and a 12.88% increase over the 52 week low of $39.35.
NU is a part of the Public Utilities sector, which includes companies such as NextEra Energy, Inc. ( NEE ) and Dominion Resources, Inc. ( D ). NU's current earnings per share, an indicator of a company's profitability, is $2.48. Zacks Investment Research reports NU's forecasted earnings growth in 2014 as 6.72%, compared to an industry average of .4%.
For more information on the declaration, record and payment dates, visit the NU Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
Interested in gaining exposure to NU through an Exchange Traded Fund [ETF]?
The following ETF(s) have NU as a top-10 holding:
- First Trust North American Energy Infrastructure Fund ( EMLP )
- iShares Morningstar Mid Value Index Fund ( JKI ).
The top-performing ETF of this group is JKI with an increase of 9.24% over the last 100 days. EMLP has the highest percent weighting of NU at 2.95%.
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.
