Mesa Laboratories, Inc. ( MLAB ) will begin trading ex-dividend on May 26, 2016. A cash dividend payment of $0.16 per share is scheduled to be paid on June 15, 2016. Shareholders who purchased MLAB prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 7th quarter that MLAB has paid the same dividend. At the current stock price of $102.93, the dividend yield is .62%.
The previous trading day's last sale of MLAB was $102.93, representing a -18.34% decrease from the 52 week high of $126.05 and a 33.68% increase over the 52 week low of $77.
MLAB is a part of the Capital Goods sector, which includes companies such as Danaher Corporation ( DHR ) and Canon, Inc. ( CAJ ). MLAB's current earnings per share, an indicator of a company's profitability, is $2.34. Zacks Investment Research reports MLAB's forecasted earnings growth in 2016 as -1.17%, compared to an industry average of 14.3%.
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