Cash Dividend On The Way From Meadowbrook Insurance Group (MIG)

Looking at the universe of stocks we cover at Dividend Channel, on 8/14/14, Meadowbrook Insurance Group Inc ( MIG) will trade ex-dividend, for its quarterly dividend of $0.02, payable on 8/29/14. As a percentage of MIG's recent stock price of $6.00, this dividend works out to approximately 0.33%.

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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:


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 1.33% 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 $5.24 per share, with $7.46 as the 52 week high point — that compares with a last trade of $6.03.

In Tuesday trading, Meadowbrook Insurance Group Inc shares are currently down about 0.5% on the day.

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