Looking at the universe of stocks we cover at Dividend Channel, on 12/6/13, Salem Communications Corp. (SALM) will trade ex-dividend, for its quarterly dividend of $0.055, payable on 12/27/13. As a percentage of SALM's recent stock price of $8.69, this dividend works out to approximately 0.63%, so look for shares of Salem Communications Corp. to trade 0.63% lower — all else being equal — when SALM shares open for trading on 12/6/13.
Salem Communications About To Put More Money In Your Pocket (SALM)
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.