MHI Hospitality Corporation (MDH) Ex-Dividend Date Scheduled for December 12, 2012


MHI Hospitality Corporation ( MDH ) has announced an ex-dividend date of December 12, 2012 and a cash dividend payment of $0.03 per share scheduled for January 11, 2013. Shareholders who purchased MDH stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 50% increase over the same period a year ago. At the current stock price of $3.11, the dividend yield is 3.86%.

The previous trading day's last sale of MDH was $3.11, representing a -24.15% decrease from the 52 week high of $4.10 and a 56.28% increase over the 52 week low of $1.99.

MDH is a part of the Consumer Services sector, which includes companies such as Simon Property Group, Inc. ( SPG ) and American Tower Corporation (REIT) ( AMT ). MDH's current earnings per share, an indicator of a company's profitability, is -$.8. Zacks Investment Research reports MDH's forecasted earnings growth in 2012 as 58.14%, compared to an industry average of 3.6%.

For more information on the declaration, record and payment dates, visit the MDH 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: AMT , MDH , SPG

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