Dolby Laboratories ( DLB ) will begin trading ex-dividend on August 03, 2018. A cash dividend payment of $0.16 per share is scheduled to be paid on August 14, 2018. Shareholders who purchased DLB prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that DLB has paid the same dividend. At the current stock price of $64.15, the dividend yield is 1%.
The previous trading day's last sale of DLB was $64.15, representing a -13.65% decrease from the 52 week high of $74.29 and a 33.65% increase over the 52 week low of $48.
DLB is a part of the Miscellaneous sector, which includes companies such as InterDigital, Inc. ( IDCC ) and TiVo Corporation ( TIVO ). DLB's current earnings per share, an indicator of a company's profitability, is $.85. Zacks Investment Research reports DLB's forecasted earnings growth in 2018 as 7.73%, compared to an industry average of 22.6%.
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