Cash Dividend On The Way From Knightsbridge Tankers (VLCCF)

Looking at the universe of stocks we cover at Dividend Channel, on 8/26/14, Knightsbridge Tankers, Ltd. ( VLCCF) will trade ex-dividend, for its quarterly dividend of $0.20, payable on 9/10/14. As a percentage of VLCCF's recent stock price of $12.42, this dividend works out to approximately 1.61%, so look for shares of Knightsbridge Tankers, Ltd. to trade 1.61% lower — all else being equal — when VLCCF shares open for trading on 8/26/14.

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Below is a dividend history chart for VLCCF, showing historical dividends prior to the most recent $0.20 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 6.44% 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 $7.21 per share, with $16.32 as the 52 week high point — that compares with a last trade of $12.43.

According to the ETF Finder at ETF Channel, VLCCF makes up 2.06% of the Guggenheim Shipping ETF ( SEA) which is trading relatively unchanged on the day Friday.

In Friday trading, Knightsbridge Tankers, Ltd. shares are currently off about 1.1% on the day.

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