Versum Materials, Inc. ( VSM ) will begin trading ex-dividend on May 14, 2018. A cash dividend payment of $0.06 per share is scheduled to be paid on May 29, 2018. Shareholders who purchased VSM prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 20% increase over prior dividend payment. At the current stock price of $39.28, the dividend yield is .61%.
The previous trading day's last sale of VSM was $39.28, representing a -8.1% decrease from the 52 week high of $42.74 and a 31.94% increase over the 52 week low of $29.77.
VSM is a part of the Basic Industries sector, which includes companies such as DowDuPont Inc. ( DWDP ) and Praxair, Inc. ( PX ). VSM's current earnings per share, an indicator of a company's profitability, is $1.62. Zacks Investment Research reports VSM's forecasted earnings growth in 2018 as 20.81%, compared to an industry average of 20.1%.
Interested in gaining exposure to VSM through an Exchange Traded Fund [ETF]?
The following ETF(s) have VSM as a top-10 holding:
- PowerShares S&P Spin-Off Portfolio ( CSD ).
The top-performing ETF of this group is CSD with an increase of 6.13% over the last 100 days. It also has the highest percent weighting of VSM at 1.55%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.