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Mackinac Financial Corporation (MFNC) Ex-Dividend Date Scheduled for September 30, 2013
By: NASDAQ.com News
Mackinac Financial Corporation ( MFNC ) will begin trading ex-dividend on September 30, 2013. A cash dividend payment of $0.04 per share is scheduled to be paid on October 14, 2013. Shareholders who purchased MFNC stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that MFNC has paid the same dividend. At the current stock price of $9.01, the dividend yield is 1.78%.
The previous trading day's last sale of MFNC was $9.01, representing a -10.7% decrease from the 52 week high of $10.09 and a 39.47% increase over the 52 week low of $6.46.
MFNC is a part of the Finance sector, which includes companies such as Wells Fargo & Company ( WFC ) and J P Morgan Chase & Co ( JPM ). MFNC's current earnings per share, an indicator of a company's profitability, is $.69.