Merchants Bancshares, Inc. ( MBVT ) will begin trading ex-dividend on July 30, 2013. A cash dividend payment of $0.28 per share is scheduled to be paid on August 15, 2013. Shareholders who purchased MBVT stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 31st quarter that MBVT has paid the same dividend. At the current stock price of $32.63, the dividend yield is 3.43%.
The previous trading day's last sale of MBVT was $32.63, representing a -3.03% decrease from the 52 week high of $33.65 and a 26.47% increase over the 52 week low of $25.80.
MBVT is a part of the Finance sector, which includes companies such as Wells Fargo & Company ( WFC ) and J P Morgan Chase & Co ( JPM ). MBVT's current earnings per share, an indicator of a company's profitability, is $2.46. Zacks Investment Research reports MBVT's forecasted earnings growth in 2013 as 3.31%, compared to an industry average of 5.6%.
For more information on the declaration, record and payment dates, visit the MBVT 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.