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Merchants Bancshares, Inc. (MBVT) Ex-Dividend Date Scheduled for January 29, 2013

Posted
1/25/2013 9:00:00 AM
By: NASDAQ.com News
Referenced Stocks:JPM;MBVT;WFC

Merchants Bancshares, Inc. ( MBVT ) will begin trading ex-dividend on January 29, 2013. A cash dividend payment of $0.28 per share is scheduled to be paid on February 14, 2013. Shareholders who purchased MBVT stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 29th quarter that MBVT has paid the same dividend.

The previous trading day's last sale of MBVT was $28.72, representing a -5.77% decrease from the 52 week high of $30.48 and a 14.56% increase over the 52 week low of $25.07.

MBVT is a part of the Finance sector, which includes companies such as Wells Fargo & Company ( WFC ) and J P Morgan Chase & Co ( JPM ). MBVT's current earnings per share, an indicator of a company's profitability, is $2.43. Zacks Investment Research reports MBVT's forecasted earnings growth in 2013 as 3.1%, compared to an industry average of 7.1%.

For more information on the declaration, record and payment dates, visit the MBVT Dividend History page.