Mercury General Corporation ( MCY ) will begin trading ex-dividend on June 10, 2014. A cash dividend payment of $0.615 per share is scheduled to be paid on June 26, 2014. Shareholders who purchased MCY stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that MCY has paid the same dividend. At the current stock price of $47.44, the dividend yield is 5.19%.
The previous trading day's last sale of MCY was $47.44, representing a -6.98% decrease from the 52 week high of $51.00 and a 13.87% increase over the 52 week low of $41.66.
MCY is a part of the Finance sector, which includes companies such as American International Group, Inc. ( AIG ) and Ace Limited ( ACE ). MCY's current earnings per share, an indicator of a company's profitability, is $2.15. Zacks Investment Research reports MCY's forecasted earnings growth in 2014 as 15.29%, compared to an industry average of .2%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.