Mackinac Financial Corporation ( MFNC ) will begin trading ex-dividend on December 23, 2015. A cash dividend payment of $0.1 per share is scheduled to be paid on January 07, 2016. Shareholders who purchased MFNC prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 33.33% increase over the same period a year ago. At the current stock price of $11.63, the dividend yield is 3.44%.
The previous trading day's last sale of MFNC was $11.63, representing a -8.78% decrease from the 52 week high of $12.75 and a 17.47% increase over the 52 week low of $9.90.
MFNC is a part of the Finance sector, which includes companies such as Wells Fargo & Company ( WFC ) and J P Morgan Chase & Co ( JPM ). MFNC's current earnings per share, an indicator of a company's profitability, is $.51.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.