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Monarch Financial Holdings, Inc. (MNRK) Ex-Dividend Date Scheduled for May 16, 2013

By: NASDAQ.com News
Posted: 5/15/2013 9:00:00 AM
Referenced Stocks: JPM;MNRK;WFC

Monarch Financial Holdings, Inc. ( MNRK ) will begin trading ex-dividend on May 16, 2013. A cash dividend payment of $0.06 per share is scheduled to be paid on May 31, 2013. Shareholders who purchased MNRK stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 20% increase over the prior quarter. At the current stock price of $11.46, the dividend yield is 2.09%.

The previous trading day's last sale of MNRK was $11.46, representing a -1.21% decrease from the 52 week high of $11.60 and a 42.89% increase over the 52 week low of $8.02.

MNRK is a part of the Finance sector, which includes companies such as Wells Fargo & Company ( WFC ) and J P Morgan Chase & Co ( JPM ). MNRK's current earnings per share, an indicator of a company's profitability, is $1.34. Zacks Investment Research reports MNRK's forecasted earnings growth in 2013 as -8.8%, compared to an industry average of 7.4%.

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