Spectra Energy Corp(SE) is having a Dividend Yield of 4.22% with the Annual cash Dividend per share of $1.62. The last quarter cash dividend per share pay out was $0.41. Spectra Energy Corp has a 5 year average dividend yield of 4.11% and the stock has a Indicated annual dividend of $1.76. Spectra Energy Corp(SE) formally announced its most recent dividend on January 6, 2017 with a Dividend per share of $0.44. The new indicated annual dividend based on announced dividend per share is $1.76. The dividend yield based on the forward looking indicated annual dividend is 4.22%. Spectra Energy Corp(SE) has the most recent dividend payout ratio of 1.37 with a 5-year average payout ratio of 0.96. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 0.41. The 5 year historical dividend growth of Spectra Energy Corp(SE) is at the rate of 9.11% while the R-Squared dividend growth is 0.96. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.
Spectra Energy Corp (NYSE:SE) witnessed a decline in the market cap on Thursday as its shares dropped 0.67% or 0.28 points. After the session commenced at $41.75, the stock reached the higher end at $41.83 while it hit a low of $41.05. With the volume soaring to 11,989,503 shares, the last trade was called at $41.41. The company has a 52-week high of $44. The company has a market cap of $29,050 million and there are 701,520,040 shares in outstanding. The 52-week low of the share price is $27.67. Shares of Spectra Energy Corp appreciated by 0.02% during the last five trading days but lost 0.81% on a 4-week basis. Spectra Energy Corp is up 4.38% in the last 3-month period. Year-to-Date the stock performance stands at 1.84%.
Currently the company Insiders own 0.22% of Spectra Energy Corp shares according to the proxy statements. Institutional Investors own 68.67% of Spectra Energy Corp shares. Company has reported several Insider transactions to the SEC, on Nov 18, 2016, Gregory L Ebel (President and CEO) sold 66,587 shares at 40.78 per share price.On Aug 9, 2016, Dorothy M Ables (Chief Administrative Officer) sold 33,400 shares at 36.25 per share price.On Mar 3, 2016, Guy G. Buckley (Chief Development Officer) sold 21,100 shares at 29.41 per share price.
Spectra Energy Corp. Last issued its quarterly earnings results on Nov 2, 2016. The company reported $0.31 EPS for the quarter, beating the analyst consensus estimate by $ 0.06. Analyst had a consensus of $0.25. The company had revenue of $1075.00 million for the quarter, compared to analysts expectations of $1161.34 million. The companys revenue was down -2.5 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.23 EPS.
SPECTRA ENERGY CORP is one of North Americas premier natural gas infrastructure companies serving three key links in the natural gas value chain: gathering and processing, transmission and storage, and distribution. For close to a century, Spectra Energy and its predecessor companies have developed critically important pipelines and related infrastructure connecting natural gas supply sources to premium markets.