Credit: Shutterstock photoSalem Media Group, Inc. ( SALM ) will begin trading ex-dividend on September 15, 2016. A cash dividend payment of $0.065 per share is scheduled to be paid on September 30, 2016. Shareholders who purchased SALM prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 8th quarter that SALM has paid the same dividend. At the current stock price of $6.11, the dividend yield is 4.26%.
The previous trading day's last sale of SALM was $6.11, representing a -25.21% decrease from the 52 week high of $8.17 and a 69.72% increase over the 52 week low of $3.60.
SALM is a part of the Consumer Services sector, which includes companies such as CBS Corporation ( CBS ) and Sirius XM Holdings Inc. ( SIRI ). SALM's current earnings per share, an indicator of a company's profitability, is $.42. Zacks Investment Research reports SALM's forecasted earnings growth in 2016 as -2.33%, compared to an industry average of 18.3%.
For more information on the declaration, record and payment dates, visit the SALM Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
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.
