Looking at the universe of stocks we cover at Dividend Channel, on 8/19/13, Institutional Financial Markets (IFMI) will trade ex-dividend, for its quarterly dividend of $0.02, payable on 9/4/13. As a percentage of IFMI's recent stock price of $2.02, this dividend works out to approximately 0.99%, so look for shares of Institutional Financial Markets to trade 0.99% lower — all else being equal — when IFMI shares open for trading on 8/19/13.
Institutional Financial Markets About To Put More Money In Your Pocket (IFMI)
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