Firstbank Corporation (FBMI) Ex-Dividend Date Scheduled for December 18, 2012

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Firstbank Corporation ( FBMI ) has announced an ex-dividend date of December 18, 2012 and a cash dividend payment of $0.2 per share scheduled for December 31, 2012. Shareholders who purchased FBMI stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 1900% increase over the prior month. At the current stock price of $10.44, the dividend yield is 22.99%.

The previous trading day's last sale of FBMI was $10.44, representing a -10.15% decrease from the 52 week high of $11.62 and a 110.91% increase over the 52 week low of $4.95.

FBMI is a part of the Finance sector, which includes companies such as Wells Fargo & Company ( WFC ) and J P Morgan Chase & Co ( JPM ). FBMI's current earnings per share, an indicator of a company's profitability, is $1.03. Zacks Investment Research reports FBMI's forecasted earnings growth in 2012 as 112%, compared to an industry average of 15.2%.

For more information on the declaration, record and payment dates, visit the FBMI Dividend History page.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: News Headlines , Stocks

Referenced Stocks: FBMI , JPM , WFC

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