Baltic Trading Limited ( BALT ) will begin trading ex-dividend on May 16, 2014. A cash dividend payment of $0.01 per share is scheduled to be paid on May 27, 2014. Shareholders who purchased BALT stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an -66.67% decrease from the prior quarter. At the current stock price of $6.25, the dividend yield is .64%.
The previous trading day's last sale of BALT was $6.25, representing a -21.28% decrease from the 52 week high of $7.94 and a 83.28% increase over the 52 week low of $3.41.
BALT is a part of the Transportation sector, which includes companies such as General Dynamics Corporation ( GD ) and Carnival Corporation ( CUK ). BALT's current earnings per share, an indicator of a company's profitability, is -$.32. Zacks Investment Research reports BALT's forecasted earnings growth in 2014 as 126.85%, compared to an industry average of 14.4%.
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