Tower Financial Corporation (
) will begin trading ex-dividend on May 17, 2013. A cash dividend
payment of $0.07 per share is scheduled to be paid on June 04,
2013. Shareholders who purchased TOFC stock prior to the
ex-dividend date are eligible for the cash dividend payment. At the
current stock price of $13.95, the dividend yield is 2.01%.
The previous trading day's last sale of TOFC was $13.95,
representing a -2.1% decrease from the 52 week high of $14.25 and a
47.46% increase over the 52 week low of $9.46.
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 $1.39. Zacks Investment Research reports TOFC's
forecasted earnings growth in 2013 as %, compared to an industry
average of 4.3%.
For more information on the declaration, record and payment
dates, visit the