Spectra Energy Partners, LP ( SEP ) will begin trading ex-dividend on May 15, 2014. A cash dividend payment of $0.55625 per share is scheduled to be paid on May 30, 2014. Shareholders who purchased SEP stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 1.83% increase over the prior quarter. At the current stock price of $51.06, the dividend yield is 4.36%.
The previous trading day's last sale of SEP was $51.06, representing a -11.29% decrease from the 52 week high of $57.56 and a 48.34% increase over the 52 week low of $34.42.
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 $3.66. Zacks Investment Research reports SEP's forecasted earnings growth in 2014 as -42.82%, compared to an industry average of 15.7%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.