MercadoLibre, Inc. ( MELI ) will begin trading ex-dividend on September 28, 2015. A cash dividend payment of $0.103 per share is scheduled to be paid on October 15, 2015. Shareholders who purchased MELI prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that MELI has paid the same dividend. At the current stock price of $92.52, the dividend yield is .45%.
The previous trading day's last sale of MELI was $92.52, representing a -39.69% decrease from the 52 week high of $153.42 and a 3.12% increase over the 52 week low of $89.72.
MELI is a part of the Miscellaneous sector, which includes companies such as Visa Inc. ( V ) and Alibaba Group Holding Limited ( BABA ). MELI's current earnings per share, an indicator of a company's profitability, is $2. Zacks Investment Research reports MELI's forecasted earnings growth in 2015 as -19.23%, compared to an industry average of 12.3%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.