Looking at the universe of stocks we cover at Dividend Channel, on 6/12/14, TransGlobe Energy Corp. (TGA) will trade ex-dividend, for its quarterly dividend of $0.05, payable on 6/30/14. As a percentage of TGA's recent stock price of $7.23, this dividend works out to approximately 0.69%, so look for shares of TransGlobe Energy Corp. to trade 0.69% lower — all else being equal — when TGA shares open for trading on 6/12/14.
Reminder - TransGlobe Energy (TGA) Goes Ex-Dividend Soon
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