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CTC Media, Inc. (CTCM) Ex-Dividend Date Scheduled for August 28, 2013
By: NASDAQ.com News
CTC Media, Inc. ( CTCM ) will begin trading ex-dividend on August 28, 2013. A cash dividend payment of $0.16 per share is scheduled to be paid on September 27, 2013. Shareholders who purchased CTCM stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 23.08% increase over the same period a year ago. At the current stock price of $11, the dividend yield is 5.82%.
The previous trading day's last sale of CTCM was $11, representing a -18.22% decrease from the 52 week high of $13.45 and a 42.67% increase over the 52 week low of $7.71.
CTCM is a part of the Consumer Services sector, which includes companies such as CBS Corporation ( CBS ) and Sirius XM Radio Inc. ( SIRI ). CTCM's current earnings per share, an indicator of a company's profitability, is $.55. Zacks Investment Research reports CTCM's forecasted earnings growth in 2013 as 4.33%, compared to an industry average of -4.1%.