Comtech Telecommunications Corp. (CMTL) Ex-Dividend Date Scheduled for October 16, 2013
Comtech Telecommunications Corp. ( CMTL ) will begin trading ex-dividend on October 16, 2013. A cash dividend payment of $0.275 per share is scheduled to be paid on November 19, 2013. Shareholders who purchased CMTL stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 9th quarter that CMTL has paid the same dividend. At the current stock price of $27.42, the dividend yield is 4.01%.
The previous trading day's last sale of CMTL was $27.42, representing a -1.69% decrease from the 52 week high of $27.89 and a 22.79% increase over the 52 week low of $22.33.
CMTL is a part of the Technology sector, which includes companies such as QUALCOMM Incorporated ( QCOM ) and NTT DOCOMO, Inc ( DCM ). CMTL's current earnings per share, an indicator of a company's profitability, is $.95. Zacks Investment Research reports CMTL's forecasted earnings growth in 2014 as 24.73%, compared to an industry average of 28.2%.