Monotype Imaging Holdings Inc. ( TYPE ) will begin trading ex-dividend on March 30, 2016. A cash dividend payment of $0.11 per share is scheduled to be paid on April 20, 2016. Shareholders who purchased TYPE prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 10% increase over the prior quarter.
The previous trading day's last sale of TYPE was $22.95, representing a -33.32% decrease from the 52 week high of $34.42 and a 11.33% increase over the 52 week low of $20.62.
TYPE is a part of the Technology sector, which includes companies such as Infosys Limited ( INFY ) and Automatic Data Processing, Inc. ( ADP ). TYPE's current earnings per share, an indicator of a company's profitability, is $.76. Zacks Investment Research reports TYPE's forecasted earnings growth in 2016 as -7.78%, compared to an industry average of 7.1%.