Ex-Div Reminder for Knightsbridge Tankers (VLCCF)

Looking at the universe of stocks we cover at Dividend Channel, on 2/14/14, Knightsbridge Tankers, Ltd. ( VLCCF) will trade ex-dividend, for its quarterly dividend of $0.175, payable on 3/6/14. As a percentage of VLCCF's recent stock price of $10.11, this dividend works out to approximately 1.73%, so look for shares of Knightsbridge Tankers, Ltd. to trade 1.73% lower — all else being equal — when VLCCF shares open for trading on 2/14/14.

Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

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


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 6.92% 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 $6.10 per share, with $10.69 as the 52 week high point — that compares with a last trade of $10.17.

In Wednesday trading, Knightsbridge Tankers, Ltd. shares are currently off about 0.4% on the day.

If you liked this article you might like

4 Stocks Under $10 in Breakout Territory: Mid-Con Energy, Scorpio Bulkers and More

First Week Of September 18th Options Trading For Knightsbridge Shipping (VLCCF)

Weak On High Volume: Knightsbridge Shipping (VLCCF)

Oversold Conditions For Knightsbridge Shipping (VLCCF)

3 Hold-Rated Dividend Stocks: VLCCF, SIR, TICC