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

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Salem Media Group, Inc. ( SALM ) will begin trading ex-dividend on September 14, 2018. A cash dividend payment of $0.065 per share is scheduled to be paid on September 28, 2018. Shareholders who purchased SALM prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 16th quarter that SALM has paid the same dividend. At the current stock price of $3.9, the dividend yield is 6.67%.

The previous trading day's last sale of SALM was $3.9, representing a -42.22% decrease from the 52 week high of $6.75 and a 25.81% increase over the 52 week low of $3.10.

SALM is a part of the Consumer Services sector, which includes companies such as Spotify Technology S.A. ( SPOT ) and Sirius XM Holdings Inc. ( SIRI ). SALM's current earnings per share, an indicator of a company's profitability, is $.8. Zacks Investment Research reports SALM's forecasted earnings growth in 2018 as 29.55%, compared to an industry average of 18.3%.

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:

  • Cambria ETF Trust ( FYLD )
  • iShares Trust ( IDV )
  • VanEck Vectors Agribusiness ETF ( MOO ).

The top-performing ETF of this group is MOO with an increase of 2.74% over the last 100 days. FYLD has the highest percent weighting of SALM at 3.81%.

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 , SPOT , SIRI , FYLD , IDV , MOO

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