Monarch Financial Holdings, Inc. (MNRK) Ex-Dividend Date Scheduled for May 16, 2013


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Monarch Financial Holdings, Inc. ( MNRK ) will begin trading ex-dividend on May 16, 2013. A cash dividend payment of $0.06 per share is scheduled to be paid on May 31, 2013. Shareholders who purchased MNRK stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 20% increase over the prior quarter. At the current stock price of $11.46, the dividend yield is 2.09%.

The previous trading day's last sale of MNRK was $11.46, representing a -1.21% decrease from the 52 week high of $11.60 and a 42.89% increase over the 52 week low of $8.02.

MNRK is a part of the Finance sector, which includes companies such as Wells Fargo & Company ( WFC ) and J P Morgan Chase & Co ( JPM ). MNRK's current earnings per share, an indicator of a company's profitability, is $1.34. Zacks Investment Research reports MNRK's forecasted earnings growth in 2013 as -8.8%, compared to an industry average of 7.4%.

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

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: JPM , MNRK , WFC

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