Knightsbridge Tankers About To Put More Money In Your Pocket (VLCCF)

Looking at the universe of stocks we cover at Dividend Channel, on 5/20/13, Knightsbridge Tankers, Ltd. (VLCCF) will trade ex-dividend, for its quarterly dividend of $0.175, payable on 6/5/13. As a percentage of VLCCF's recent stock price of $8.08, this dividend works out to approximately 2.17%, so look for shares of Knightsbridge Tankers, Ltd. to trade 2.17% lower — all else being equal — when VLCCF shares open for trading on 5/20/13.

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Below is a dividend history chart for VLCCF, showing historical dividends prior to the most recent $0.175 declared by Knightsbridge Tankers, Ltd.:

VLCCF+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from VLCCF is likely to continue, and whether the current estimated yield of 8.66% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of VLCCF shares, versus its 200 day moving average:

Knightsbridge Tankers, Ltd. 200 Day Moving Average Chart

Looking at the chart above, VLCCF's low point in its 52 week range is $4.94 per share, with $10.60 as the 52 week high point — that compares with a last trade of $8.08.

In Friday trading, Knightsbridge Tankers, Ltd. shares are currently up about 0.9% on the day.

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