Credit: Shutterstock photoMacquarie Infrastructure Company LLC ( MIC ) has announced an ex-dividend date of December 20, 2012 and a cash dividend payment of $0.6875 per share scheduled for December 28, 2012. Shareholders who purchased MIC stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 243.75% increase over the same period a year ago. At the current stock price of $44.52, the dividend yield is 18.53%.
The previous trading day's last sale of MIC was $44.52, representing a -0.34% decrease from the 52 week high of $44.67 and a 67.56% increase over the 52 week low of $26.57.
MIC is a part of the Energy sector, which includes companies such as C.H. Robinson Worldwide, Inc. ( CHRW ) and Expeditors International of Washington, Inc. ( EXPD ). MIC's current earnings per share, an indicator of a company's profitability, is $.76. Zacks Investment Research reports MIC's forecasted earnings growth in 2012 as 898.61%, compared to an industry average of 7.9%.
For more information on the declaration, record and payment dates, visit the MIC 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.
