Stein Mart, Inc. ( SMRT ) will begin trading ex-dividend on December 28, 2016. A cash dividend payment of $0.075 per share is scheduled to be paid on January 13, 2017. Shareholders who purchased SMRT prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 8th quarter that SMRT has paid the same dividend. At the current stock price of $5.61, the dividend yield is 5.35%.
The previous trading day's last sale of SMRT was $5.61, representing a -39.22% decrease from the 52 week high of $9.23 and a 14.02% increase over the 52 week low of $4.92.
SMRT is a part of the Consumer Services sector, which includes companies such as TJX Companies, Inc. ( TJX ) and Ross Stores, Inc. ( ROST ). SMRT's current earnings per share, an indicator of a company's profitability, is $.24. Zacks Investment Research reports SMRT's forecasted earnings growth in 2017 as -79.31%, compared to an industry average of 2.4%.
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