Javelin Mortgage Investment Corp. (JMI ) will begin trading ex-dividend on June 12, 2014. A cash dividend payment of $0.15 per share is scheduled to be paid on June 27, 2014. Shareholders who purchased JMI stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 9th quarter that JMI has paid the same dividend. At the current stock price of $13.9, the dividend yield is 12.95%.
The previous trading day's last sale of JMI was $13.9, representing a -13.23% decrease from the 52 week high of $16.02 and a 29.66% increase over the 52 week low of $10.72.
JMI is a part of the Consumer Services sector, which includes companies such as Simon Property Group, Inc. ( SPG ) and American Tower Corporation (REIT) ( AMT ). JMI 's current earnings per share, an indicator of a company's profitability, is -$3.58. Zacks Investment Research reports JMI 's forecasted earnings growth in 2014 as -34.62%, compared to an industry average of 1.4%.
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