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Resources Connection, Inc. (RECN) Ex-Dividend Date Scheduled for November 19, 2013
By: NASDAQ.com News
Resources Connection, Inc. ( RECN ) will begin trading ex-dividend on November 19, 2013. A cash dividend payment of $0.07 per share is scheduled to be paid on December 19, 2013. Shareholders who purchased RECN stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 16.67% increase over the same period a year ago. At the current stock price of $12.99, the dividend yield is 2.16%.
The previous trading day's last sale of RECN was $12.99, representing a -6.75% decrease from the 52 week high of $13.93 and a 22.78% increase over the 52 week low of $10.58.
RECN is a part of the Miscellaneous sector, which includes companies such as Visa Inc. ( V ) and Mastercard Incorporated ( MA ). RECN's current earnings per share, an indicator of a company's profitability, is $.47. Zacks Investment Research reports RECN's forecasted earnings growth in 2014 as 4.25%, compared to an industry average of 16.4%.