Knightsbridge Tankers (VLCCF) Halves Qtr. Dividend 50% to $0.175; Yields 8.3%

Knightsbridge Tankers Ltd (NASDAQ: VLCCF) declared a quarterly dividend of $0.175 per share, or $0.7 annualized. This is a 50% decrease from the prior dividend of $0.35.

The dividend will be payable on September 12, 2012, to stockholders of record on August 30, 2012, with an ex-dividend date of August 28, 2012.

The annual yield on the dividend is 8.3 percent.

For a dividend history and other dividend-related data on Knightsbridge Tankers Ltd (VLCCF) click here.

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