Reminder - Meadowbrook Insurance Group (MIG) Goes Ex-Dividend Soon

Looking at the universe of stocks we cover at Dividend Channel, on 5/8/13, Meadowbrook Insurance Group Inc (MIG) will trade ex-dividend, for its quarterly dividend of $0.02, payable on 5/28/13. As a percentage of MIG's recent stock price of $7.86, this dividend works out to approximately 0.25%.

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Below is a dividend history chart for MIG, showing historical dividends prior to the most recent $0.02 declared by Meadowbrook Insurance Group Inc:

MIG+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from MIG is likely to continue, and whether the current estimated yield of 1.02% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of MIG shares, versus its 200 day moving average:

Meadowbrook Insurance Group Inc 200 Day Moving Average Chart

Looking at the chart above, MIG's low point in its 52 week range is $5.21 per share, with $9.31 as the 52 week high point — that compares with a last trade of $7.88.

In Monday trading, Meadowbrook Insurance Group Inc shares are currently down about 0.1% on the day.

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