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Salem Communications Corporation (SALM) Ex-Dividend Date Scheduled for March 21, 2013

By: NASDAQ.com News
Posted: 3/19/2013 9:00:00 AM
Referenced Stocks: CBS;SALM;SIRI

Salem Communications Corporation ( SALM ) will begin trading ex-dividend on March 21, 2013. A cash dividend payment of $0.05 per share is scheduled to be paid on April 01, 2013. Shareholders who purchased SALM stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 42.86% increase over the prior quarter.

The previous trading day's last sale of SALM was $7.14, representing a -13.66% decrease from the 52 week high of $8.27 and a 75.86% increase over the 52 week low of $4.06.

SALM is a part of the Consumer Services sector, which includes companies such as CBS Corporation ( CBS ) and Sirius XM Radio Inc. ( SIRI ). SALM's current earnings per share, an indicator of a company's profitability, is $.17. Zacks Investment Research reports SALM's forecasted earnings growth in 2013 as 11.84%, compared to an industry average of -4%.

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