Spectra Energy Partners, LP ( SEP ) will begin trading ex-dividend on August 14, 2014. A cash dividend payment of $0.56625 per share is scheduled to be paid on August 29, 2014. Shareholders who purchased SEP stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 1.8% increase over the prior quarter. At the current stock price of $53.42, the dividend yield is 4.24%.
The previous trading day's last sale of SEP was $53.42, representing a -7.19% decrease from the 52 week high of $57.56 and a 33.55% increase over the 52 week low of $40.
SEP is a part of the Public Utilities sector, which includes companies such as Enterprise Products Partners L.P. ( EPD ) and National Grid Transco, PLC ( NGG ). SEP's current earnings per share, an indicator of a company's profitability, is $3.89. Zacks Investment Research reports SEP's forecasted earnings growth in 2014 as -45.23%, compared to an industry average of 14.9%.