MercadoLibre, Inc. (MELI) Ex-Dividend Date Scheduled for June 26, 2013


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MercadoLibre, Inc. ( MELI ) will begin trading ex-dividend on June 26, 2013. A cash dividend payment of $0.143 per share is scheduled to be paid on July 15, 2013. Shareholders who purchased MELI stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 31.19% increase over the same period a year ago. At the current stock price of $105.72, the dividend yield is .54%.

The previous trading day's last sale of MELI was $105.72, representing a -17.7% decrease from the 52 week high of $128.46 and a 64.72% increase over the 52 week low of $64.18.

MELI is a part of the Miscellaneous sector, which includes companies such as Visa Inc. ( V ) and eBay Inc. ( EBAY ). MELI's current earnings per share, an indicator of a company's profitability, is $2.25. Zacks Investment Research reports MELI's forecasted earnings growth in 2013 as 19.19%, compared to an industry average of 24.8%.

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

Interested in gaining exposure to MELI through an Exchange Traded Fund [ETF]?
The following ETF(s) have MELI as a top-10 holding:

  • PowerShares NASDAQ Internet Portfolio ( PNQI ).

The top-performing ETF of this group is PNQI with an increase of 17.5% over the last 100 days. It also has the highest percent weighting of MELI at 2.2%.

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

This article appears in: News Headlines , Stocks
More Headlines for: EBAY , MELI , PNQI , V

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