NV Energy, Inc ( NVE ) will begin trading ex-dividend on November 29, 2013. A cash dividend payment of $0.19 per share is scheduled to be paid on December 18, 2013. Shareholders who purchased NVE stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that NVE has paid the same dividend. At the current stock price of $23.8, the dividend yield is 3.19%.
The previous trading day's last sale of NVE was $23.8, representing a -0.42% decrease from the 52 week high of $23.90 and a 33.82% increase over the 52 week low of $17.79.
NVE is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). NVE's current earnings per share, an indicator of a company's profitability, is $1.22. Zacks Investment Research reports NVE's forecasted earnings growth in 2013 as -6.81%, compared to an industry average of -.2%.
Interested in gaining exposure to NVE through an Exchange Traded Fund [ETF]?
The following ETF(s) have NVE as a top-10 holding:
- IQ Merger Arbitrage ETF ( MNA )
- Vanguard S&P Mid-Cap 400 Value ETF ( IVOV )
- Vanguard Small-Cap Value ETF ( VBR ).
The top-performing ETF of this group is VBR with an increase of 11.72% over the last 100 days. MNA has the highest percent weighting of NVE at 3.51%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.