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G&K Services, Inc. (GK) Ex-Dividend Date Scheduled for September 10, 2013
By: NASDAQ.com News
G&K Services, Inc. ( GK ) will begin trading ex-dividend on September 10, 2013. A cash dividend payment of $0.27 per share is scheduled to be paid on September 27, 2013. Shareholders who purchased GK stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 38.46% increase over the prior quarter. At the current stock price of $53.16, the dividend yield is 2.03%.
The previous trading day's last sale of GK was $53.16, representing a -4.35% decrease from the 52 week high of $55.58 and a 78.39% increase over the 52 week low of $29.80.
GK is a part of the Consumer Services sector, which includes companies such as Tyco International, Ltd. (Switzerland) ( TYC ) and H&R Block, Inc. ( HRB ). GK's current earnings per share, an indicator of a company's profitability, is $2.39. Zacks Investment Research reports GK's forecasted earnings growth in 2014 as 10.38%, compared to an industry average of 9.1%.