Looking at the universe of stocks we cover at Dividend Channel, on 9/26/13, Great Northern Iron Ore Properties (GNI) will trade ex-dividend, for its quarterly dividend of $2.60, payable on 10/31/13. As a percentage of GNI's recent stock price of $75.50, this dividend works out to approximately 3.44%, so look for shares of Great Northern Iron Ore Properties to trade 3.44% lower — all else being equal — when GNI shares open for trading on 9/26/13.
Cash Dividend On The Way From Great Northern Iron Ore Properties (GNI)
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