VEREIT Inc. ( VER ) will begin trading ex-dividend on December 28, 2018. A cash dividend payment of $0.138 per share is scheduled to be paid on January 15, 2019. Shareholders who purchased VER prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 14th quarter that VER has paid the same dividend. At the current stock price of $7.32, the dividend yield is 7.54%.
The previous trading day's last sale of VER was $7.32, representing a -8.5% decrease from the 52 week high of $8 and a 12.27% increase over the 52 week low of $6.52.
VER is a part of the Consumer Services sector, which includes companies such as American Tower Corporation (REIT) ( AMT ) and Simon Property Group, Inc. ( SPG ). VER's current earnings per share, an indicator of a company's profitability, is -$.22. Zacks Investment Research reports VER's forecasted earnings growth in 2018 as 2.27%, compared to an industry average of .6%.
Interested in gaining exposure to VER through an Exchange Traded Fund [ETF]?
The following ETF(s) have VER as a top-10 holding:
- iShares Inc iShares MSCI Austria ETF ( EWO )
- iShares S&P Global Clean Energy Index Fund ( ICLN )
- ValueShares U.S. Quantitative Value ETF ( IMOM ).
The top-performing ETF of this group is ICLN with an decrease of -8.54% over the last 100 days. EWO has the highest percent weighting of VER at 5.19%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.