Mercury General Corporation ( MCY ) will begin trading ex-dividend on March 14, 2018. A cash dividend payment of $0.625 per share is scheduled to be paid on March 29, 2018. Shareholders who purchased MCY prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 0.32% increase over prior dividend payment.
The previous trading day's last sale of MCY was $46.91, representing a -25.81% decrease from the 52 week high of $63.23 and a 13.3% increase over the 52 week low of $41.40.
MCY is a part of the Finance sector, which includes companies such as Chubb Limited ( CB ) and American International Group, Inc. ( AIG ). MCY's current earnings per share, an indicator of a company's profitability, is $2.62. Zacks Investment Research reports MCY's forecasted earnings growth in 2018 as 52.44%, compared to an industry average of 20.4%.
Interested in gaining exposure to MCY through an Exchange Traded Fund [ETF]?
The following ETF(s) have MCY as a top-10 holding:
- PowerShares KBW Property & Casualty Insurance Portfolio ( KBWP )
- PowerShares KBW High Dividend Yield Financial Portfolio ( KBWD )
- iShares U.S. Insurance ETF ( IAK ).
The top-performing ETF of this group is KBWP with an increase of 4.77% over the last 100 days. It also has the highest percent weighting of MCY at 2.25%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.