Reminder - Knightsbridge Tankers (VLCCF) Goes Ex-Dividend Soon

Looking at the universe of stocks we cover at Dividend Channel, on 8/26/13, Knightsbridge Tankers, Ltd. ( VLCCF) will trade ex-dividend, for its quarterly dividend of $0.175, payable on 9/10/13. As a percentage of VLCCF's recent stock price of $8.29, this dividend works out to approximately 2.11%, so look for shares of Knightsbridge Tankers, Ltd. to trade 2.11% lower — all else being equal — when VLCCF shares open for trading on 8/26/13.

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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 8.44% 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 $8.75 as the 52 week high point — that compares with a last trade of $8.29.

In Thursday trading, Knightsbridge Tankers, Ltd. shares are currently up about 2% on the day.
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