TerraForm Power, Inc. ( TERP ) will begin trading ex-dividend on November 27, 2015. A cash dividend payment of $0.35 per share is scheduled to be paid on December 15, 2015. Shareholders who purchased TERP prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 4.48% increase over the prior quarter. At the current stock price of $8.83, the dividend yield is 15.86%.
The previous trading day's last sale of TERP was $8.83, representing a -79.3% decrease from the 52 week high of $42.66 and a 11.91% increase over the 52 week low of $7.89.
TERP is a part of the Public Utilities sector, which includes companies such as NextEra Energy, Inc. ( NEE ) and Southern Company ( SO ). TERP's current earnings per share, an indicator of a company's profitability, is -$1.19. Zacks Investment Research reports TERP's forecasted earnings growth in 2015 as -2550%, compared to an industry average of %.