PAA Natural Gas Storage, L.P. ( PNG ) will begin trading ex-dividend on July 31, 2013. A cash dividend payment of $0.3575 per share is scheduled to be paid on August 14, 2013. Shareholders who purchased PNG stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 8th quarter that PNG has paid the same dividend. At the current stock price of $21.95, the dividend yield is 6.51%.
The previous trading day's last sale of PNG was $21.95, representing a -4.97% decrease from the 52 week high of $23.10 and a 22.69% increase over the 52 week low of $17.89.
PNG is a part of the Public Utilities sector, which includes companies such as Enterprise Products Partners L.P. ( EPD ) and National Grid Transco, PLC ( NGG ). PNG's current earnings per share, an indicator of a company's profitability, is $1.01. Zacks Investment Research reports PNG's forecasted earnings growth in 2013 as -7.68%, compared to an industry average of -.4%.
For more information on the declaration, record and payment dates, visit the PNG Dividend History page.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.