Dividend Flows: The $0.50 mark is well within reach for Drew Industries Incorporated (NYSE:DW).

Dividend Flows: The $0.50 mark is well within reach for Drew Industries Incorporated (NYSE:DW).

Drew Industries Incorporated (NYSE:DW) is expected to pay $0.50 on Dec 9, 2016. The indicated annual dividend is $2.00. Shareholders owning the stock before Nov 23, 2016 will be eligible to receive the payout. Based on Drew Industries Incorporated’s current price of $100.05, the dividend is 0.50%. This dividend’s record date is Nov 28, 2016 and the announcement date is Nov 18, 2016. The stock increased 0.45% or $0.45 during the last trading session, hitting $100.05. Drew Industries, Inc. (NYSE:DW) has risen 55.77% since April 20, 2016 and is uptrending. It has outperformed by 51.21% the S&P500.

Drew Industries Incorporated, through its subsidiaries, supplies an array of components in the United States and abroad for the manufacturers of recreational vehicles and manufactured homes. The company has a market cap of $2.46 billion. The Firm also supplies components for adjacent industries, including buses; trailers used to haul boats, livestock, equipment and other cargo; pontoon boats; modular housing, and mobile office units. It has a 20.84 P/E ratio. It operates in two divisions, which include the recreational vehicle products segment (the RV Segment), and the manufactured housing products segment (the MH Segment).

Insitutional Activity: The institutional sentiment decreased to 1.53 in 2016 Q2. Its down 0.22, from 1.75 in 2016Q1. The ratio dived, as 15 funds sold all Drew Industries, Inc. shares owned while 52 reduced positions. 51 funds bought stakes while 66 increased positions. They now own 23.25 million shares or 1.29% more from 22.96 million shares in 2016Q1.
Proshare Advisors Ltd Llc last reported 0% of its portfolio in the stock. Springbank Value Prtn Limited Partnership holds 1.15% or 8,000 shares in its portfolio. Tci Wealth reported 11 shares or 0% of all its holdings. First Advisors Limited Partnership has 0.01% invested in the company for 25,987 shares. Moreover, Franklin Incorporated has 0.06% invested in Drew Industries, Inc. (NYSE:DW) for 1.42 million shares. Parametric Portfolio Associate Ltd Co last reported 38,215 shares in the company. Northcoast Asset Mngmt Lc has 0.06% invested in the company for 9,766 shares. Columbia Wanger Asset Mngmt Limited Liability, a Illinois-based fund reported 1.24M shares. Invesco Limited last reported 0% of its portfolio in the stock. Motley Fool Wealth Ltd holds 0.78% or 84,095 shares in its portfolio. Aperio Gru Limited Liability Co, a California-based fund reported 6,308 shares. Glenmede Trust Na holds 0.13% of its portfolio in Drew Industries, Inc. (NYSE:DW) for 255,502 shares. Parkside Bank Trust, a Missouri-based fund reported 845 shares. Zurcher Kantonalbank (Zurich Cantonalbank) owns 503 shares or 0% of their US portfolio. Ameriprise holds 0.01% or 220,398 shares in its portfolio.

Insider Transactions: Since May 24, 2016, the stock had 0 buys, and 12 selling transactions for $6.08 million net activity. 10,687 Drew Industries, Inc. (NYSE:DW) shares with value of $826,960 were sold by LOWE JOHN B JR. Shares for $205,200 were sold by Mereness Scott T. HEGI FREDERICK B JR had sold 10,000 shares worth $960,700 on Wednesday, August 10. $447,190 worth of shares were sold by ABRAMS LEIGH J on Wednesday, June 15. Deely Brendan sold $350,000 worth of stock. Another trade for 2,500 shares valued at $240,975 was made by REED DAVID A on Monday, August 8. LIPPERT JASON sold $999,300 worth of stock.

Drew Industries, Inc. (NYSE:DW) Ratings Coverage

Out of 3 analysts covering Drew Industries (NYSE:DW), 3 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $110 is the highest target while $85 is the lowest. The $110 average target is 9.95% above today’s ($100.05) stock price. Drew Industries has been the topic of 4 analyst reports since October 8, 2015 according to StockzIntelligence Inc. The stock of Drew Industries, Inc. (NYSE:DW) earned “Buy” rating by Citigroup on Monday, August 15. The company was upgraded on Friday, November 4 by CL King. The stock of Drew Industries, Inc. (NYSE:DW) has “Buy” rating given on Thursday, October 8 by Sidoti. The company was maintained on Friday, May 20 by Citigroup.

More important recent Drew Industries, Inc. (NYSE:DW) news were published by: Forbes.com which released: “Ex-Dividend Reminder: Drew Industries, Wyndham Worldwide and D.R. Horton” on November 21, 2016, also Marketwatch.com published article titled: “/quotes/zigman/3870025/realtime”, Prnewswire.com published: “Drew Industries Reports 2016 Third Quarter Results” on November 03, 2016. More interesting news about Drew Industries, Inc. (NYSE:DW) was released by: Prnewswire.com and their article: “Drew Industries Agrees To Acquire The Seating And Chassis Component Business …” with publication date: October 27, 2016.

DW Company Profile

Drew Industries Incorporated, incorporated on March 20, 1984, through its subsidiaries, supplies an array of components in the United States and abroad for the manufacturers of recreational vehicles (RVs) and manufactured homes. The Firm also supplies components for adjacent industries, including buses; trailers used to haul boats, livestock, equipment and other cargo; pontoon boats; modular housing, and mobile office units. The Firm operates in two divisions, which include the recreational vehicle products segment (the RV Segment), and the manufactured housing products segment (the MH Segment). RVs are motorized (motorhomes) or towable, such as travel trailers, fifth-wheel travel trailers, folding camping trailers and truck campers.

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