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ADTRAN, Inc. (ADTN) Ex-Dividend Date Scheduled for October 22, 2013
By: NASDAQ.com News
ADTRAN, Inc. ( ADTN ) will begin trading ex-dividend on October 22, 2013. A cash dividend payment of $0.09 per share is scheduled to be paid on November 07, 2013. Shareholders who purchased ADTN stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 34th quarter that ADTN has paid the same dividend. At the current stock price of $25.51, the dividend yield is 1.41%.
The previous trading day's last sale of ADTN was $25.51, representing a -8.64% decrease from the 52 week high of $27.92 and a 64.05% increase over the 52 week low of $15.55.
ADTN is a part of the Public Utilities sector, which includes companies such as China Mobile (Hong Kong) Ltd. ( CHL ) and AT&T Inc. ( T ). ADTN's current earnings per share, an indicator of a company's profitability, is $.64. Zacks Investment Research reports ADTN's forecasted earnings growth in 2013 as -10.43%, compared to an industry average of -.1%.