Credit: Shutterstock photoFrequency 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.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
