IDEX Corporation ( IEX ) will begin trading ex-dividend on October 13, 2017. A cash dividend payment of $0.37 per share is scheduled to be paid on October 31, 2017. Shareholders who purchased IEX prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that IEX has paid the same dividend. At the current stock price of $123.23, the dividend yield is 1.2%.
The previous trading day’s last sale of IEX was $123.23, representing a -1.75% decrease from the 52 week high of $125.42 and a 50.19% increase over the 52 week low of $82.05.
IEX is a part of the Capital Goods sector, which includes companies such as Xylem Inc. ( XYL ) and Graco Inc. ( GGG ). IEX’s current earnings per share, an indicator of a company’s profitability, is $3.73. Zacks Investment Research reports IEX’s forecasted earnings growth in 2017 as 12.95%, compared to an industry average of 15%.
For more information on the declaration, record and payment dates, visit the IEX Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
Interested in gaining exposure to IEX through an Exchange Traded Fund [ETF]?
The following ETF(s) have IEX as a top-10 holding:
- PowerShares Water Resources Portfolio ( PHO )
- iShares S&P Mid-Cap 400 Growth ETF ( IJK )
- SPDR S&P 400 Mid Cap Growth ETF (based on S&P MidCap 400 Growt ( MDYG )
- Vanguard S&P Mid-Cap 400 Growth ETF ( IVOG )
- Vanguard Small-Cap Value ETF ( VBR ).
The top-performing ETF of this group is PHO with an increase of 8.92% over the last 100 days. It also has the highest percent weighting of IEX at 3.91%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.