Time Warner Inc. ( TWX ) will begin trading ex-dividend on August 28, 2013. A cash dividend payment of $0.2875 per share is scheduled to be paid on September 15, 2013. Shareholders who purchased TWX stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that TWX has paid the same dividend. At the current stock price of $62.09, the dividend yield is 1.85%.
The previous trading day's last sale of TWX was $62.09, representing a -5.94% decrease from the 52 week high of $66.01 and a 51.33% increase over the 52 week low of $41.03.
TWX is a part of the Consumer Services sector, which includes companies such as Walt Disney Company ( DIS ) and Comcast Corporation ( CMCSA ). TWX's current earnings per share, an indicator of a company's profitability, is $3.63. Zacks Investment Research reports TWX's forecasted earnings growth in 2013 as 14.25%, compared to an industry average of 9.9%.
Interested in gaining exposure to TWX through an Exchange Traded Fund [ETF]?
The following ETF(s) have TWX as a top-10 holding:
- PowerShares Dynamic Leisure & Entertainment Portfolio ( PEJ )
- PowerShares Dynamic Media ( PBS )
- PowerShares Buyback Achievers ( PKW )
- Select Sector SPDR Fund - Consumer Discretionary ( XLY )
- Schwab US Aggregate Bond ETF ( SCHZ ).
The top-performing ETF of this group is PEJ with an increase of 16.42% over the last 100 days. It also has the highest percent weighting of TWX at 4.96%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.