Frequency Electronics, Inc. ( FEIM ) has announced an ex-dividend date of December 20, 2012 and a cash dividend payment of $0.2 per share scheduled for December 31, 2012. Shareholders who purchased FEIM stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 100% increase over the prior year. At the current stock price of $8.25, the dividend yield is 9.7%.
The previous trading day's last sale of FEIM was $8.25, representing a -15.3% decrease from the 52 week high of $9.74 and a 22.95% increase over the 52 week low of $6.71.
FEIM is a part of the Capital Goods sector, which includes companies such as ABB Ltd ( ABB ) and Agilent Technologies, Inc. ( A ). FEIM's current earnings per share, an indicator of a company's profitability, is $.88. Zacks Investment Research reports FEIM's forecasted earnings growth in 2013 as 61.36%, compared to an industry average of 21.4%.
For more information on the declaration, record and payment dates, visit the FEIM Dividend History page.
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