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Salem Communications Corporation (SALM) Ex-Dividend Date Scheduled for December 06, 2013
By: NASDAQ.com News
Salem Communications Corporation ( SALM ) will begin trading ex-dividend on December 06, 2013. A cash dividend payment of $0.055 per share is scheduled to be paid on December 27, 2013. Shareholders who purchased SALM stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 4.76% increase over the prior quarter. At the current stock price of $8.89, the dividend yield is 2.47%.
The previous trading day's last sale of SALM was $8.89, representing a -12.33% decrease from the 52 week high of $10.14 and a 78.87% increase over the 52 week low of $4.97.
SALM is a part of the Consumer Services sector, which includes companies such as CBS Corporation ( CBS ) and Sirius XM Holdings Inc. ( SIRI ). SALM's current earnings per share, an indicator of a company's profitability, is -$.26. Zacks Investment Research reports SALM's forecasted earnings growth in 2013 as -155.26%, compared to an industry average of -4.7%.