Looking at the universe of stocks we cover at Dividend Channel, on 7/29/13, Nordic American Tankers Ltd (NAT) will trade ex-dividend, for its quarterly dividend of $0.16, payable on 8/13/13. As a percentage of NAT's recent stock price of $10.17, this dividend works out to approximately 1.57%, so look for shares of Nordic American Tankers Ltd to trade 1.57% lower — all else being equal — when NAT shares open for trading on 7/29/13.
Reminder - Nordic American Tankers (NAT) Goes Ex-Dividend Soon
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