Platinum Underwriters Holdings, Ltd ( PTP ) will begin trading ex-dividend on August 28, 2014. A cash dividend payment of $0.08 per share is scheduled to be paid on September 30, 2014. Shareholders who purchased PTP stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 45th quarter that PTP has paid the same dividend. At the current stock price of $61.55, the dividend yield is .52%.
The previous trading day's last sale of PTP was $61.55, representing a -7.54% decrease from the 52 week high of $66.57 and a 11.85% increase over the 52 week low of $55.03.
PTP is a part of the Finance sector, which includes companies such as American International Group, Inc. ( AIG ) and Ace Limited ( ACE ). PTP's current earnings per share, an indicator of a company's profitability, is $6.64. Zacks Investment Research reports PTP's forecasted earnings growth in 2014 as -12.58%, compared to an industry average of .2%.
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