Looking at the universe of stocks we cover at Dividend Channel, on 7/5/13, ZAIS Financial Corp (ZFC) will trade ex-dividend, for its quarterly dividend of $0.45, payable on 7/23/13. As a percentage of ZFC's recent stock price of $18.46, this dividend works out to approximately 2.44%, so look for shares of ZAIS Financial Corp to trade 2.44% lower — all else being equal — when ZFC shares open for trading on 7/5/13.
Ex-Div Reminder For ZAIS Financial (ZFC)
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