Monotype Imaging Holdings Inc. ( TYPE ) will begin trading ex-dividend on December 28, 2016. A cash dividend payment of $0.11 per share is scheduled to be paid on January 20, 2017. Shareholders who purchased TYPE prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that TYPE has paid the same dividend. At the current stock price of $19.55, the dividend yield is 2.25%.
The previous trading day's last sale of TYPE was $19.55, representing a -22.94% decrease from the 52 week high of $25.37 and a 12.94% increase over the 52 week low of $17.31.
TYPE is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). TYPE's current earnings per share, an indicator of a company's profitability, is $.47. Zacks Investment Research reports TYPE's forecasted earnings growth in 2016 as -31.67%, compared to an industry average of 3.8%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.