Tag Archives: PRP

Business, Finance, Occupation & Industry

Cash Dividend On The Way From Citigroup Non-Cumulative Preferred Stock, Series AA

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By DividendChannel.com

On 8/1/13, Citigroup Inc’s 8.125% Non-Cumulative Preferred Stock, Series AA (NYSE: C.PRP) will trade ex-dividend, for its quarterly dividend of $0.5078, payable on 8/15/13. As a percentage of C.PRP’s recent share price of $29.71, this dividend works out to approximately 1.71%, so look for shares of C.PRP to trade 1.71% lower ? all else being equal ? when C.PRP shares open for trading on 8/1/13. On an annualized basis, the current yield is approximately 6.83%, which compares to an average yield of 5.35% in the “Financial” 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

Business, Finance, Occupation & Industry

Ex-Div Reminder for Prologis Series P Cumulative Redeemable Preferred Stock

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By DividendChannel.com

On 3/15/13, Prologis Inc‘s 6.85% Series P Cumulative Redeemable Preferred Stock (NYSE: PLD.PRP) will trade ex-dividend, for its quarterly dividend of $0.4281, payable on 4/15/13. As a percentage of PLD.PRP‘s recent share price of $25.49, this dividend works out to approximately 1.68%, so look for shares of PLD.PRP to trade 1.68% lower ? all else being equal ? when PLD.PRP shares open for trading on 3/15/13. On an annualized basis, the current yield is approximately 6.72%, which compares to an average yield of 6.49% in the “Real Estate” 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

Business, Finance, Occupation & Industry

Ex-Div Reminder for Southern Company's Class A Preferred Stock

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By DividendChannel.com

On 3/13/13, Southern Company‘s 5.30% Class A Preferred Stock (NYSE: ALP.PRP) will trade ex-dividend, for its quarterly dividend of $0.3312, payable on 4/1/13. As a percentage of ALP.PRP‘s recent share price of $25.99, this dividend works out to approximately 1.27%, so look for shares of ALP.PRP to trade 1.27% lower ? all else being equal ? when ALP.PRP shares open for trading on 3/13/13. On an annualized basis, the current yield is approximately 5.12%, which compares to an average yield of 4.55% in the “Utilities” 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

Business, Finance, Occupation & Industry

Capital One Financial Corp's Preferred Stock, Series B Crosses Above 6% Yield Territory

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By DividendChannel.com

In trading on Tuesday, shares of Capital One Financial Corp’s Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series B (NYSE: COF.PRP) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.50), with shares changing hands as low as $24.99 on the day. This compares to an average yield of 5.45% in the “Financial” preferred stock category, according to Preferred Stock Channel. As of last close, COF.PRP was trading at a 1.36% premium to its liquidation preference amount, versus the average premium of 2.75% in the “Financial” category. Investors should keep in mind that the shares are not cumulative, meaning that in the event of a missed payment, the company does not have to pay the balance of missed dividends to preferred shareholders before resuming a common dividend.
Click here to find out the 50 highest yielding preferreds, at PreferredStockChannel.com » …read more
Source: FULL ARTICLE at Forbes Markets