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


Shutterstock photo

MercadoLibre, Inc. ( MELI ) will begin trading ex-dividend on March 26, 2013. A cash dividend payment of $0.143 per share is scheduled to be paid on April 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 prior quarter.

The previous trading day's last sale of MELI was $93.84, representing a -8.88% decrease from the 52 week high of $102.98 and a 46.21% 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 $2.3. Zacks Investment Research reports MELI's forecasted earnings growth in 2013 as 17.72%, compared to an industry average of 28.6%.

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 12.77% 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

More from News

Subscribe News
Contributor: News

Market News
Follow on:

Find a Credit Card

Select a credit card product by:
Select an offer:
Data Provided by