Ex-Div Reminder For Meadowbrook Insurance Group (MIG)

Looking at the universe of stocks we cover at Dividend Channel, on 5/19/15, Meadowbrook Insurance Group Inc ( MIG) will trade ex-dividend, for its quarterly dividend of $0.02, payable on 6/1/15. As a percentage of MIG's recent stock price of $8.54, this dividend works out to approximately 0.23%.

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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 0.94% 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 $5.66 per share, with $8.64 as the 52 week high point — that compares with a last trade of $8.54.

According to the ETF Finder at ETF Channel, MIG makes up 1.46% of the Guggenheim S&P SmallCap 600 Pure Value ETF ( RZV) which is trading lower by about 0.4% on the day Friday.

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

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