Piedmont Natural Gas Company, Inc. ( PNY ) will begin trading ex-dividend on March 21, 2013. A cash dividend payment of $0.31 per share is scheduled to be paid on April 15, 2013. Shareholders who purchased PNY stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 3.33% increase over the prior quarter.
The previous trading day's last sale of PNY was $33.24, representing a -1.42% decrease from the 52 week high of $33.72 and a 16.59% increase over the 52 week low of $28.51.
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 $1.79. Zacks Investment Research reports PNY's forecasted earnings growth in 2013 as 4.67%, compared to an industry average of 4.5%.
For more information on the declaration, record and payment dates, visit the PNY Dividend History page.
Interested in gaining exposure to PNY through an Exchange Traded Fund [ETF]?
The following ETF(s) have PNY as a top-10 holding:
- PowerShares Exchange-Traded Fund Trust II PowerShares S&P Smal ( PSCU )
- Vanguard S&P Small-Cap 600 Value ETF ( VIOV )
- SPDR S&P 600 Small Cap Value ETF (based on S&P SmallCap Value ( SLYV )
- iShares Small Cap 600/BARRA Value Index Fund ( IJS )
- iShares Russell 2000 Value Index Fund ( IWN ).
The top-performing ETF of this group is VIOV with an increase of 14.06% over the last 100 days. PSCU has the highest percent weighting of PNY at 9.91%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
