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Tabcorp shares trade ex-dividend

Gaming giant Tabcorp Holdings Limited (ASX: TAH) trades ex-dividend today. It has been a tough year for Tabcorp, and on August 9th the company declared a fully franked final dividend of 8 cents, down on last year’s 11 cent distribution.

The 8 cents fully franked final dividend will be paid on 24 September 2013 to Tabcorp shareholders on the register at the close of business on 20 August 2013.

Trading around $3.20, Tabcorp trades on a forecast dividend yield of 5%. By comparison, Echo Entertainment (ASX: EGP) trades on a forecast dividend yield of around 2.6% and Crown Limited‘s (ASX: CWN) forecast dividend yield is around 2.7%.

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