Looking at the universe of stocks we cover at Dividend Channel, on 6/12/13, Salem Communications Corp. (SALM) will trade ex-dividend, for its quarterly dividend of $0.05, payable on 6/28/13. As a percentage of SALM's recent stock price of $7.60, this dividend works out to approximately 0.66%, so look for shares of Salem Communications Corp. to trade 0.66% lower — all else being equal — when SALM shares open for trading on 6/12/13.
SALM Ex-Dividend Reminder - 6/12/13
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