Meadowbrook Insurance Group, Inc. ( MIG ) will begin trading ex-dividend on August 14, 2014. A cash dividend payment of $0.02 per share is scheduled to be paid on August 29, 2014. Shareholders who purchased MIG stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 8th quarter that MIG has paid the same dividend. At the current stock price of $6.05, the dividend yield is 1.32%.
The previous trading day's last sale of MIG was $6.05, representing a -18.9% decrease from the 52 week high of $7.46 and a 15.46% increase over the 52 week low of $5.24.
MIG is a part of the Finance sector, which includes companies such as American International Group, Inc. ( AIG ) and Ace Limited ( ACE ). MIG's current earnings per share, an indicator of a company's profitability, is $.2. Zacks Investment Research reports MIG's forecasted earnings growth in 2014 as 122.46%, compared to an industry average of -3.2%.
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