Credit: Shutterstock photoMercury 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%.
For more information on the declaration, record and payment dates, visit the MCY Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
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.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.