Salem Communications Corporation (
) has announced an ex-dividend date of December 12, 2012 and a cash
dividend payment of $0.035 per share scheduled for December 28,
2012. Shareholders who purchased SALM stock prior to the
ex-dividend date are eligible for the cash dividend payment. This
marks the 4th quarter that SALM has paid the same dividend. At the
current stock price of $5.11, the dividend yield is 2.74%.
The previous trading day's last sale of SALM was $5.11,
representing a -14.83% decrease from the 52 week high of $6 and a
141.04% increase over the 52 week low of $2.12.
SALM is a part of the Consumer Services sector, which includes
companies such as CBS Corporation (
) and Grupo Televisa S.A. (
). SALM's current earnings per share, an indicator of a company's
profitability, is $.11. Zacks Investment Research reports SALM's
forecasted earnings growth in 2012 as -25%, compared to an industry
average of 9.1%.
For more information on the declaration, record and payment
dates, visit the