Praxair, Inc. ( PX ) will begin trading ex-dividend on September 07, 2017. A cash dividend payment of $0.788 per share is scheduled to be paid on September 15, 2017. Shareholders who purchased PX prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that PX has paid the same dividend. At the current stock price of $130.3, the dividend yield is 2.42%.
The previous trading day's last sale of PX was $130.3, representing a -6.05% decrease from the 52 week high of $138.69 and a 13.87% increase over the 52 week low of $114.43.
PX is a part of the Basic Industries sector, which includes companies such as DowDuPont Inc. ( DWDP ) and LyondellBasell Industries NV ( LYB ). PX's current earnings per share, an indicator of a company's profitability, is $5.35. Zacks Investment Research reports PX's forecasted earnings growth in 2017 as 4.34%, compared to an industry average of 9.6%.
Interested in gaining exposure to PX through an Exchange Traded Fund [ETF]?
The following ETF(s) have PX as a top-10 holding:
- Materials Select Sector SPDR ( XLB )
- iShares U.S. Basic Materials ETF ( IYM )
- John Hancock Multifactor Materials ETF ( JHMA )
- Vanguard Materials ETF - DNQ ( VAW ).
The top-performing ETF of this group is XLB with an increase of 5.77% over the last 100 days. It also has the highest percent weighting of PX at 6.03%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.