Looking at the universe of stocks we cover at Dividend Channel, on 1/15/14, Teekay Tankers Ltd (TNK) will trade ex-dividend, for its quarterly dividend of $0.03, payable on 1/31/14. As a percentage of TNK's recent stock price of $3.75, this dividend works out to approximately 0.80%, so look for shares of Teekay Tankers Ltd to trade 0.80% lower — all else being equal — when TNK shares open for trading on 1/15/14.
Teekay Tankers About To Put More Money In Your Pocket (TNK)
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