By DividendChannel.com

On 3/13/13, Magnum Hunter Resources Corp‘s 8% Series E Cumulative Convertible Preferred Stock (AMEX: MHR.PRE) will trade ex-dividend, for its monthly dividend of $0.1667, payable on 4/1/13. As a percentage of MHR.PRE‘s recent share price of $24.50, this dividend works out to approximately 0.68%, so look for shares of MHR.PRE to trade 0.68% lower ? all else being equal ? when MHR.PRE shares open for trading on 3/13/13. On an annualized basis, the current yield is approximately 8.20%, which compares to an average yield of 10.21% in the “Oil & Gas Exploration & Production” preferred stock category, according to Preferred Stock Channel.
Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen » …read more
Source: FULL ARTICLE at Forbes Markets

By DividendChannel.com

On 2/13/13, Magnum Hunter Resources Corp‘s 8% Series E Cumulative Convertible Preferred Stock (AMEX: MHR.PRE) will trade ex-dividend, for its monthly dividend of $0.1667, payable on 2/28/13. As a percentage of MHR.PRE‘s recent share price of $24.20, this dividend works out to approximately 0.69%, so look for shares of MHR.PRE to trade 0.69% lower ? all else being equal ? when MHR.PRE shares open for trading on 2/13/13. On an annualized basis, the current yield is approximately 8.27%, which compares to an average yield of 8.35% in the “Oil & Gas Exploration & Production” preferred stock category, according to Preferred Stock Channel.
Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen » …read more
Source: FULL ARTICLE at Forbes Markets