Salem Media Group, Inc. (SALM) Ex-Dividend Date Scheduled for June 14, 2018

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Salem Media Group, Inc. ( SALM ) will begin trading ex-dividend on June 14, 2018. A cash dividend payment of $0.065 per share is scheduled to be paid on June 29, 2018. Shareholders who purchased SALM prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 15th quarter that SALM has paid the same dividend. At the current stock price of $4.45, the dividend yield is 5.84%.

The previous trading day's last sale of SALM was $4.45, representing a -40.67% decrease from the 52 week high of $7.50 and a 43.55% increase over the 52 week low of $3.10.

SALM is a part of the Consumer Services sector, which includes companies such as Sirius XM Holdings Inc. ( SIRI ) and Spotify Technology S.A. ( SPOT ). SALM's current earnings per share, an indicator of a company's profitability, is $.93. Zacks Investment Research reports SALM's forecasted earnings growth in 2018 as 45.45%, compared to an industry average of 13.4%.

For more information on the declaration, record and payment dates, visit the SALM Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.

Interested in gaining exposure to SALM through an Exchange Traded Fund [ETF]?
The following ETF(s) have SALM as a top-10 holding:

  • VanEck Vectors Agribusiness ETF ( MOO ).

The top-performing ETF of this group is MOO with an increase of 0.94% over the last 100 days. It also has the highest percent weighting of SALM at 0.65%.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines , Stocks
Referenced Symbols: SALM , SIRI , SPOT , MOO

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