Looking at the universe of stocks we cover at Dividend Channel, on 3/13/14, Salem Communications Corp. (SALM) will trade ex-dividend, for its quarterly dividend of $0.0575, payable on 3/31/14. As a percentage of SALM's recent stock price of $9.75, this dividend works out to approximately 0.59%, so look for shares of Salem Communications Corp. to trade 0.59% lower — all else being equal — when SALM shares open for trading on 3/13/14.
Ex-Div Reminder for Salem Communications (SALM)
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