PacWest Bancorp ( PACW ) will begin trading ex-dividend on February 11, 2016. A cash dividend payment of $0.5 per share is scheduled to be paid on February 29, 2016. Shareholders who purchased PACW prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 6th quarter that PACW has paid the same dividend.
The previous trading day's last sale of PACW was $32.42, representing a -33.64% decrease from the 52 week high of $48.86 and a 3.51% increase over the 52 week low of $31.32.
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 $2.91. Zacks Investment Research reports PACW's forecasted earnings growth in 2016 as 11.07%, compared to an industry average of 10.9%.
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 )
- Wilshire Micro-Cap ETF (based on the Wilshire US Micro-Cap Ind ( WMCR )
- Direxion Value Line Mid- and Large-Cap High Dividend ETF ( VLML ).
The top-performing ETF of this group is KBWR with an decrease of -14.55% over the last 100 days. It also has the highest percent weighting of PACW at 3.79%.