Time Warner Cable Inc ( TWC ) has announced an ex-dividend date of November 28, 2012 and a cash dividend payment of $0.56 per share scheduled for December 17, 2012. Shareholders who purchased TWC stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that TWC has paid the same dividend. At the current stock price of $93.55, the dividend yield is 2.39%.
The previous trading day's last sale of TWC was $93.55, representing a -6.92% decrease from the 52 week high of $100.50 and a 63.69% increase over the 52 week low of $57.15.
TWC is a part of the Consumer Services sector, which includes companies such as Comcast Corporation ( CMCSA ) and Comcast Corporation ( CMCSK ). TWC's current earnings per share, an indicator of a company's profitability, is $6.98. Zacks Investment Research reports TWC's forecasted earnings growth in 2012 as 36.55%, compared to an industry average of 6.7%.
For more information on the declaration, record and payment dates, visit the TWC Dividend History page.
Interested in gaining exposure to TWC through an Exchange Traded Fund ( ETF )?
The following ETF(s) have TWC as a top-10 holding:
- PowerShares Dynamic Media ( PBS )
- Internet HOLDRS Trust ( HHHYL )
- PowerShares Buyback Achievers ( PKW )
- Guggenheim S&P 500 Equal Weight Consumer Discretionary ETF ( RCD ).
The top-performing ETF of this group is HHHYL with an increase of 14.44% over the last 100 days. PBS has the highest percent weighting of TWC at 5.27%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.