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| Reminder - International Game Technology (IGT) Goes Ex-Dividend 9/20/11By Dividend Channel Staff, Friday, September 16, 10:05 AM ET
On 9/20/11, International Game Technology (NYSE:IGT) will trade ex-dividend, for its quarterly dividend of $0.06, payable on 10/7/11. As a percentage of IGT's recent stock price of $15.15, this dividend works out to approximately 0.40%. Below is a dividend history chart for IGT, showing historical dividends prior to the most recent $0.06 declared by International Game Technology:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from IGT is likely to continue, and whether the current estimated yield of 1.58% on annualized basis is a reasonable expectation of annual yield going forward.
According to the ETF Finder at ETF Channel, IGT makes up 3.99% of the Gaming ETF (AMEX:BJK) which is trading higher by about 1% on the day Friday. See what other ETFs contain IGT » IGT operates in the Hotels, Lodging, Restaurants & Travel sector, among companies like Marriott International, Inc. (NYSE:MAR) which is up about 0.5% today, and Wynn Resorts Ltd (NASDAQ:WYNN) trading lower by about 0.1%. Below is a three month price history chart comparing the stock performance of IGT, versus MAR and WYNN.
In Friday trading, International Game Technology shares are currently up about 0.7% on the day. Free Trial: ''ETF CHANNEL FLEXIBLE GROWTH INVESTMENT PORTFOLIO'' The ETF Channel Flexible Growth Investment Portfolio is designed to seek growth for investors — anywhere and everywhere. The key to the program is our portfolio strategy allows us complete flexibility in terms of asset allocation as there are no predetermined guidelines as to the level of stocks, bonds, cash, regions, countries, sectors, commodities, or even asset classes in the portfolio! In short, this is a completely flexible portfolio designed to follow the performance trail wherever it leads us.
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