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First Midwest Bancorp, Inc. (FMBI) Ex-Dividend Date Scheduled for December 18, 2013
By: NASDAQ.com News
First Midwest Bancorp, Inc. ( FMBI ) will begin trading ex-dividend on December 18, 2013. A cash dividend payment of $0.07 per share is scheduled to be paid on January 14, 2014. Shareholders who purchased FMBI stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 75% increase over the prior quarter. At the current stock price of $17.58, the dividend yield is 1.59%.
The previous trading day's last sale of FMBI was $17.58, representing a -4.92% decrease from the 52 week high of $18.49 and a 51.94% increase over the 52 week low of $11.57.
FMBI is a part of the Finance sector, which includes companies such as Wells Fargo & Company ( WFC ) and J P Morgan Chase & Co ( JPM ). FMBI's current earnings per share, an indicator of a company's profitability, is $.99. Zacks Investment Research reports FMBI's forecasted earnings growth in 2013 as 492.59%, compared to an industry average of 6.7%.