Tower Financial Corporation (TOFC) Ex-Dividend Date Scheduled for February 25, 2013


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Tower Financial Corporation ( TOFC ) will begin trading ex-dividend on February 25, 2013. A cash dividend payment of $0.07 per share is scheduled to be paid on March 13, 2013. Shareholders who purchased TOFC stock prior to the ex-dividend date are eligible for the cash dividend payment.

The previous trading day's last sale of TOFC was $12.26, representing a -13.96% decrease from the 52 week high of $14.25 and a 29.6% increase over the 52 week low of $9.46.

TOFC is a part of the Finance sector, which includes companies such as J P Morgan Chase & Co ( JPM ) and Wells Fargo & Company ( WFC ). TOFC's current earnings per share, an indicator of a company's profitability, is $1.18. Zacks Investment Research reports TOFC's forecasted earnings growth in 2013 as %, compared to an industry average of 5.6%.

For more information on the declaration, record and payment dates, visit the TOFC 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
Referenced Stocks: JPM , TOFC , WFC

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