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%.
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.