Firstbank Corporation ( FBMI ) has announced an ex-dividend date of December 18, 2012 and a cash dividend payment of $0.2 per share scheduled for December 31, 2012. Shareholders who purchased FBMI stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 1900% increase over the prior month. At the current stock price of $10.44, the dividend yield is 22.99%.
The previous trading day's last sale of FBMI was $10.44, representing a -10.15% decrease from the 52 week high of $11.62 and a 110.91% increase over the 52 week low of $4.95.
FBMI is a part of the Finance sector, which includes companies such as Wells Fargo & Company ( WFC ) and J P Morgan Chase & Co ( JPM ). FBMI's current earnings per share, an indicator of a company's profitability, is $1.03. Zacks Investment Research reports FBMI's forecasted earnings growth in 2012 as 112%, compared to an industry average of 15.2%.
For more information on the declaration, record and payment dates, visit the FBMI Dividend History page.