Spectra Energy Partners, LP ( SEP ) will begin trading ex-dividend on February 10, 2016. A cash dividend payment of $0.63875 per share is scheduled to be paid on February 26, 2016. Shareholders who purchased SEP prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 2% increase over the prior quarter.
The previous trading day's last sale of SEP was $45.94, representing a -18.18% decrease from the 52 week high of $56.15 and a 26.87% increase over the 52 week low of $36.21.
SEP is a part of the Public Utilities sector, which includes companies such as National Grid Transco, PLC ( NGG ) and Enterprise Products Partners L.P. ( EPD ). SEP's current earnings per share, an indicator of a company's profitability, is $3.85. Zacks Investment Research reports SEP's forecasted earnings growth in 2016 as -22.42%, compared to an industry average of -7.6%.
For more information on the declaration, record and payment dates, visit the SEP Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
Interested in gaining exposure to SEP through an Exchange Traded Fund [ETF]?
The following ETF(s) have SEP as a top-10 holding:
- InfraCap MLP ETF ( AMZA ).
The top-performing ETF of this group is AMZA with an decrease of -54.13% over the last 100 days.
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.
