Spirit Realty Capital, Inc. ( SRC ) will begin trading ex-dividend on December 29, 2015. A cash dividend payment of $0.175 per share is scheduled to be paid on January 15, 2016. Shareholders who purchased SRC prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 2.94% increase over the prior quarter. At the current stock price of $9.96, the dividend yield is 7.03%.
The previous trading day's last sale of SRC was $9.96, representing a -23.38% decrease from the 52 week high of $13 and a 12.04% increase over the 52 week low of $8.89.
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 $.32. Zacks Investment Research reports SRC's forecasted earnings growth in 2015 as 3.35%, compared to an industry average of 9.8%.
Interested in gaining exposure to SRC through an Exchange Traded Fund [ETF]?
The following ETF(s) have SRC as a top-10 holding:
- PowerShares KBW Premium Yield Equity REIT Portfolio ETF ( KBWY ).
The top-performing ETF of this group is KBWY with an decrease of -4.53% over the last 100 days. It also has the highest percent weighting of SRC at 2.95%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.