TerraForm Power, Inc. ( TERP ) will begin trading ex-dividend on August 30, 2018. A cash dividend payment of $0.19 per share is scheduled to be paid on September 15, 2018. Shareholders who purchased TERP prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that TERP has paid the same dividend. At the current stock price of $11.12, the dividend yield is 6.83%.
The previous trading day's last sale of TERP was $11.12, representing a -21.69% decrease from the 52 week high of $14.20 and a 12.32% increase over the 52 week low of $9.90.
TERP is a part of the Public Utilities sector, which includes companies such as NextEra Energy, Inc. ( NEE ) and Dominion Energy, Inc. ( D ). TERP's current earnings per share, an indicator of a company's profitability, is -$.7. Zacks Investment Research reports TERP's forecasted earnings growth in 2018 as 133.47%, compared to an industry average of 7.7%.
Interested in gaining exposure to TERP through an Exchange Traded Fund [ETF]?
The following ETF(s) have TERP as a top-10 holding:
- Invesco Solar ETF ( TAN ).
The top-performing ETF of this group is TAN with an decrease of -10.54% over the last 100 days. It also has the highest percent weighting of TERP at 4.25%.