Teekay Offshore Partners L.P. ( TOO ) will begin trading ex-dividend on July 23, 2014. A cash dividend payment of $0.5384 per share is scheduled to be paid on August 08, 2014. Shareholders who purchased TOO stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that TOO has paid the same dividend. At the current stock price of $35.06, the dividend yield is 6.14%.
The previous trading day's last sale of TOO was $35.06, representing a -6.41% decrease from the 52 week high of $37.46 and a 19.9% increase over the 52 week low of $29.24.
TOO is a part of the Consumer Services sector, which includes companies such as General Dynamics Corporation ( GD ) and Carnival Corporation ( CUK ). TOO's current earnings per share, an indicator of a company's profitability, is $.9. Zacks Investment Research reports TOO's forecasted earnings growth in 2014 as 72.44%, compared to an industry average of 19.9%.
Interested in gaining exposure to TOO through an Exchange Traded Fund [ETF]?
The following ETF(s) have TOO as a top-10 holding:
- Guggenheim Shipping ETF ( SEA ).
The top-performing ETF of this group is SEA with an increase of 1.88% over the last 100 days. It also has the highest percent weighting of TOO at 4.24%.