EMC Insurance Group Inc. ( EMCI ) will begin trading ex-dividend on May 30, 2014. A cash dividend payment of $0.23 per share is scheduled to be paid on June 10, 2014. Shareholders who purchased EMCI stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that EMCI has paid the same dividend. At the current stock price of $32.4, the dividend yield is 2.84%.
The previous trading day's last sale of EMCI was $32.4, representing a -11.23% decrease from the 52 week high of $36.50 and a 28.22% increase over the 52 week low of $25.27.
EMCI is a part of the Finance sector, which includes companies such as American International Group, Inc. ( AIG ) and Ace Limited ( ACE ). EMCI's current earnings per share, an indicator of a company's profitability, is $3.02. Zacks Investment Research reports EMCI's forecasted earnings growth in 2014 as -6.25%, compared to an industry average of .4%.
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