Northeast Utilities ( NU ) has announced an ex-dividend date of November 28, 2012 and a cash dividend payment of $0.343 per share scheduled for December 31, 2012. Shareholders who purchased NU stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that NU has paid the same dividend. At the current stock price of $37.73, the dividend yield is 3.64%.
The previous trading day's last sale of NU was $37.73, representing a -7.66% decrease from the 52 week high of $40.86 and a 14.75% increase over the 52 week low of $32.88.
NU is a part of the Public Utilities sector, which includes companies such as Southern Company ( SO ) and Dominion Resources, Inc. ( D ). NU's current earnings per share, an indicator of a company's profitability, is $2.01. Zacks Investment Research reports NU's forecasted earnings growth in 2012 as -3.82%, compared to an industry average of -1%.
For more information on the declaration, record and payment dates, visit the NU Dividend History page.
Interested in gaining exposure to NU through an Exchange Traded Fund ( ETF )?
The following ETF(s) have NU as a top-10 holding:
- Guggenheim S&P 500 Equal Weight Utilities ETF ( RYU )
- WisdomTree MidCap Dividend Fund ( DON )
- iShares Morningstar Mid Value Index Fund ( JKI ).
The top-performing ETF of this group is JKI with an increase of 8.54% over the last 100 days. RYU has the highest percent weighting of NU at 2.63%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.