New Media Investment Group Inc. ( NEWM ) will begin trading ex-dividend on August 10, 2018. A cash dividend payment of $0.37 per share is scheduled to be paid on August 21, 2018. Shareholders who purchased NEWM prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that NEWM has paid the same dividend. At the current stock price of $15.97, the dividend yield is 9.27%.
The previous trading day's last sale of NEWM was $15.97, representing a -16.39% decrease from the 52 week high of $19.10 and a 21.08% increase over the 52 week low of $13.19.
NEWM is a part of the Consumer Services sector, which includes companies such as News Corporation ( NWS ) and News Corporation ( NWSA ). NEWM's current earnings per share, an indicator of a company's profitability, is $.65. Zacks Investment Research reports NEWM's forecasted earnings growth in 2018 as 53.7%, compared to an industry average of -6.8%.
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