Salem Communications Corporation (SALM) Ex-Dividend Date Scheduled for March 21, 2013


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Salem Communications Corporation ( SALM ) will begin trading ex-dividend on March 21, 2013. A cash dividend payment of $0.05 per share is scheduled to be paid on April 01, 2013. Shareholders who purchased SALM stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 42.86% increase over the prior quarter.

The previous trading day's last sale of SALM was $7.14, representing a -13.66% decrease from the 52 week high of $8.27 and a 75.86% increase over the 52 week low of $4.06.

SALM is a part of the Consumer Services sector, which includes companies such as CBS Corporation ( CBS ) and Sirius XM Radio Inc. ( SIRI ). SALM's current earnings per share, an indicator of a company's profitability, is $.17. Zacks Investment Research reports SALM's forecasted earnings growth in 2013 as 11.84%, compared to an industry average of -4%.

For more information on the declaration, record and payment dates, visit the SALM 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: CBS , SALM , SIRI

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