The ex-dividend date for Marchex (Nasdaq:MCHX) is tomorrow, May 2, 2012. Owners of shares as of market close today will be eligible for a dividend of 2 cents per share. At a price of $3.48 as of 9:30 a.m., the dividend yield is 2.3%.
NEW YORK ( TheStreet) -- The ex-dividend date for Marchex (Nasdaq: MCHX) is tomorrow, May 2, 2012. Owners of shares as of market close today will be eligible for a dividend of 2 cents per share. At a price of $3.48 as of 9:30 a.m. ET, the dividend yield is 2.3%. The average volume for Marchex has been 225,200 shares per day over the past 30 days. Marchex has a market cap of $95.8 million and is part of the services sector and media industry. Shares are down 44.3% year to date as of the close of trading on Monday. Marchex, Inc. operates as a digital call advertising and small business marketing company primarily in the United States. Its products, services, and technologies enable advertisers to reach consumers through mobile, online, and offline sources. The company has a P/E ratio of 43.4, equal to the average media industry P/E ratio and above the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Marchex as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and weak operating cash flow. You can view the full Marchex Ratings Report. See our dividend calendar or top-yielding stocks list.
Looking at the universe of stocks we cover at Dividend Channel, on 2/4/15, Marchex Inc will trade ex-dividend, for its quarterly dividend of $0.02, payable on 2/17/15. As a percentage of MCHX's recent stock price of $3.83, this dividend works out to approximately 0.52%, so look for shares of Marchex Inc to trade 0.52% lower — all else being equal — when MCHX shares open for trading on 2/4/15.