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Monarch Financial Holdings, Inc. (MNRK) Ex-Dividend Date Scheduled for November 07, 2013
By: NASDAQ.com News
Monarch Financial Holdings, Inc. ( MNRK ) will begin trading ex-dividend on November 07, 2013. A cash dividend payment of $0.07 per share is scheduled to be paid on November 29, 2013. Shareholders who purchased MNRK stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 16.67% increase over the prior quarter. At the current stock price of $11.86, the dividend yield is 2.36%.
The previous trading day's last sale of MNRK was $11.86, representing a -11.16% decrease from the 52 week high of $13.35 and a 47.88% 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 $1.22. Zacks Investment Research reports MNRK's forecasted earnings growth in 2013 as -15.2%, compared to an industry average of 2.5%.