NEW YORK ( TheStreet) -- The ex-dividend date for Knightsbridge Tankers (Nasdaq: VLCCF) is Tuesday, February 21, 2012. Owners of shares as of market close today will be eligible for a dividend of 50 cents per share. At a price of $15.59 as of 9:30 a.m. ET, the dividend yield is 13.4%. The average volume for Knightsbridge Tankers has been 175,200 shares per day over the past 30 days. Knightsbridge Tankers has a market cap of $363.9 million and is part of the services sector and transportation industry. Shares are up 13.4% year to date as of the close of trading on Thursday. Knightsbridge Tankers Limited, through its subsidiaries, engages in the seaborne transportation of crude oil and dry bulk cargoes worldwide. The company's customers include oil companies, tanker companies, dry bulk companies, petroleum products traders, government agencies, and other entities. The company has a P/E ratio of 7.4, below the average transportation industry P/E ratio of 12.6 and below the S&P 500 P/E ratio of 17.7.
- Sign up for TheStreet's FREE Dividend and Income Investor Newsletter