On 2/15/13, Pope Resources (POPE) will trade ex-dividend, for its quarterly dividend of $0.45, payable on 3/8/13. As a percentage of POPE's recent stock price of $62.01, this dividend works out to approximately 0.73%, so look for shares of Pope Resources to trade 0.73% lower all else being equal when POPE shares open for trading on 2/15/13.