Freightcar America, Inc. ( RAIL ) will begin trading ex-dividend on November 15, 2016. A cash dividend payment of $0.09 per share is scheduled to be paid on November 23, 2016. Shareholders who purchased RAIL prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 8th quarter that RAIL has paid the same dividend. At the current stock price of $15.38, the dividend yield is 2.34%.
The previous trading day's last sale of RAIL was $15.38, representing a -38.36% decrease from the 52 week high of $24.95 and a 41.49% increase over the 52 week low of $10.87.
RAIL is a part of the Capital Goods sector, which includes companies such as Union Pacific Corporation ( UNP ) and Canadian National Railway Company ( CNI ). RAIL's current earnings per share, an indicator of a company's profitability, is $1.93. Zacks Investment Research reports RAIL's forecasted earnings growth in 2016 as -78.66%, compared to an industry average of -27.3%.
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