Tower Financial Corporation (
) will begin trading ex-dividend on August 19, 2013. A cash
dividend payment of $0.25 per share is scheduled to be paid on
September 04, 2013. Shareholders who purchased TOFC stock prior to
the ex-dividend date are eligible for the cash dividend payment.
This represents an 212.5% increase over the prior month.
The previous trading day's last sale of TOFC was $15.2,
representing a -5.71% decrease from the 52 week high of $16.12 and
a 34.51% increase over the 52 week low of $11.30.
TOFC is a part of the Finance sector, which includes companies
such as Wells Fargo & Company (
) and J P Morgan Chase & Co (
). TOFC's current earnings per share, an indicator of a company's
profitability, is $1.45. Zacks Investment Research reports TOFC's
forecasted earnings growth in 2013 as 10.17%, compared to an
industry average of 7.9%.
For more information on the declaration, record and payment
dates, visit the