) will begin trading ex-dividend on Wednesday, April 5. To qualify for a dividend check, investors must have owned Barnes & Noble shares prior to Wednesday, which is the last day the company’s management will finalize its roster of shareholders to whom it will mail payments.
Barnes & Noble stock closed Friday at $9.25, down 0.30%. The shares have declined 17.04% year to date, including a 5.61% decline in the past thirty days. This compares with a 5.53% year-to-date rise in the S&P 500 index (SPX
). Barnes & Noble stock has declined 24.43% over the past twelve months, while the S&P 500 has risen 16.05%.
In its fiscal third-quarter earnings results, reported in March, the New York-based company missed Wall Street estimates on earnings per share, but beat on…