Spirit Realty Capital, Inc. ( SRC ) will begin trading ex-dividend on December 28, 2016. A cash dividend payment of $0.18 per share is scheduled to be paid on January 13, 2017. Shareholders who purchased SRC prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 2.86% increase over prior dividend payment. At the current stock price of $10.61, the dividend yield is 6.79%.
The previous trading day's last sale of SRC was $10.61, representing a -24.05% decrease from the 52 week high of $13.97 and a 19.28% increase over the 52 week low of $8.90.
SRC is a part of the Consumer Services sector, which includes companies such as Brookfield Asset Management Inc ( BAM ) and Piedmont Office Realty Trust, Inc. ( PDM ). SRC's current earnings per share, an indicator of a company's profitability, is $.25. Zacks Investment Research reports SRC's forecasted earnings growth in 2016 as -.57%, compared to an industry average of 4.2%.
Interested in gaining exposure to SRC through an Exchange Traded Fund [ETF]?
The following ETF(s) have SRC as a top-10 holding:
- PowerShares Active U.S. Real Estate Fund ( PSR ).
The top-performing ETF of this group is PSR with an decrease of -10.01% over the last 100 days. It also has the highest percent weighting of SRC at 1.1%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.