Looking at the universe of stocks we cover at Dividend Channel, on 5/16/13, Teekay Tankers Ltd (TNK) will trade ex-dividend, for its quarterly dividend of $0.03, payable on 5/28/13. As a percentage of TNK's recent stock price of $2.57, this dividend works out to approximately 1.17%, so look for shares of Teekay Tankers Ltd to trade 1.17% lower — all else being equal — when TNK shares open for trading on 5/16/13.
Ex-Div Reminder For Teekay Tankers (TNK)
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