PacWest Bancorp ( PACW ) will begin trading ex-dividend on August 14, 2014. A cash dividend payment of $0.25 per share is scheduled to be paid on August 26, 2014. Shareholders who purchased PACW stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 8th quarter that PACW has paid the same dividend. At the current stock price of $39.95, the dividend yield is 2.5%.
The previous trading day's last sale of PACW was $39.95, representing a -15.66% decrease from the 52 week high of $47.37 and a 21.84% increase over the 52 week low of $32.79.
PACW is a part of the Finance sector, which includes companies such as Wells Fargo & Company ( WFC ) and J P Morgan Chase & Co ( JPM ). PACW's current earnings per share, an indicator of a company's profitability, is $1.24. Zacks Investment Research reports PACW's forecasted earnings growth in 2014 as 18.27%, compared to an industry average of 12.6%.
Interested in gaining exposure to PACW through an Exchange Traded Fund [ETF]?
The following ETF(s) have PACW as a top-10 holding:
- PowerShares KBW Regional Banking Portfolio ETF ( KBWR )
- First Trust NASDAQ ABA Community Bank Index Fund ( QABA )
- iShares Russell 2000 Value Index Fund ( IWN )
- Vanguard Russell 2000 Value ETF ( VTWV )
- ProShares Ultra Russell2000 Value ( UVT ).
The top-performing ETF of this group is VTWV with an decrease of -3.58% over the last 100 days. KBWR has the highest percent weighting of PACW at 2.9%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.