Piedmont Natural Gas Company, Inc. ( PNY ) will begin trading ex-dividend on December 22, 2015. A cash dividend payment of $0.33 per share is scheduled to be paid on January 15, 2016. Shareholders who purchased PNY prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that PNY has paid the same dividend. At the current stock price of $56.73, the dividend yield is 2.33%.
The previous trading day's last sale of PNY was $56.73, representing a -4.08% decrease from the 52 week high of $59.14 and a 62.32% increase over the 52 week low of $34.95.
PNY is a part of the Public Utilities sector, which includes companies such as Ultrapar Participacoes S.A. ( UGP ) and Cheniere Energy, Inc. ( LNG ). PNY's current earnings per share, an indicator of a company's profitability, is $1.81. Zacks Investment Research reports PNY's forecasted earnings growth in 2015 as 1.63%, compared to an industry average of 1.1%.
Interested in gaining exposure to PNY through an Exchange Traded Fund [ETF]?
The following ETF(s) have PNY as a top-10 holding:
- PowerShares S&P SmallCap Utilities Portfolio ( PSCU )
- iShares Morningstar Small-Cap Value ETFnd ( JKL )
- iShares S&P SmallCap 600 Value ETF ( IJS )
- SPDR S&P 600 Small Cap Value ETF (based on S&P SmallCap Value ( SLYV )
- SPDR S&P 600 Small Cap ETF (based on S&P SmallCap 600 Index -- ( SLY ).
The top-performing ETF of this group is PSCU with an increase of 10.26% over the last 100 days. It also has the highest percent weighting of PNY at 13.78%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.