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LeMaitre Vascular Inc (LMAT) Will Trade Ex-Div on 8/17/11

By Dividend Channel Staff, Monday, August 15, 10:18 AM ET
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On 8/17/11, LeMaitre Vascular Inc (NASDAQ:LMAT) will trade ex-dividend, for its quarterly dividend of $0.02, payable on 9/6/11. As a percentage of LMAT's recent stock price of $6.33, this dividend works out to approximately 0.32%.

Below is a dividend history chart for LMAT, showing historical dividends prior to the most recent $0.02 declared by LeMaitre Vascular Inc:

LMAT Dividend History
Date Div*
05/18/11 0.020
03/18/11 0.020
* Data may be adjusted for splits; we are not responsible for data errors; always verify data with the company.

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from LMAT is likely to continue, and whether the current estimated yield of 1.26% on annualized basis is a reasonable expectation of annual yield going forward.

LMAT operates in the Medical Instruments & Supplies sector, among companies like Heartware International Inc (NASDAQ:HTWR) which is up about 0.3% today, and Nuvasive Inc (NASDAQ:NUVA) trading up by about 3%. Below is a three month price history chart comparing the stock performance of LMAT, versus HTWR and NUVA.

LMAT,HTWR,NUVA Relative Performance Chart

In Monday trading, LeMaitre Vascular Inc shares are currently trading flat on the day.


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