Silver Bay Realty Trust Corp. ( SBY ) will begin trading ex-dividend on December 23, 2015. A cash dividend payment of $0.13 per share is scheduled to be paid on January 08, 2016. Shareholders who purchased SBY prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 8.33% increase over the prior quarter. At the current stock price of $15.83, the dividend yield is 3.28%.
The previous trading day's last sale of SBY was $15.83, representing a -7.1% decrease from the 52 week high of $17.04 and a 5.53% increase over the 52 week low of $15.
SBY is a part of the Consumer Services sector, which includes companies such as Simon Property Group, Inc. ( SPG ) and Public Storage ( PSA ). SBY's current earnings per share, an indicator of a company's profitability, is -$.32. Zacks Investment Research reports SBY's forecasted earnings growth in 2015 as 98.99%, compared to an industry average of 9.6%.
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