On 7/24/13, Goldman Sachs Group Incorporated's Floating Rate Non-Cumulative Preferred Stock, Series C (GS.PRC) will trade ex-dividend, for its quarterly dividend of $0.2611, payable on 8/12/13. As a percentage of GS.PRC's recent share price of $23.13, this dividend works out to approximately 1.13%, so look for shares of GS.PRC to trade 1.13% lower — all else being equal — when GS.PRC shares open for trading on 7/24/13. On an annualized basis, the current yield is approximately 4.52%, which compares to an average yield of 5.17% in the "Financial" preferred stock category, according to Preferred Stock Channel.
Ex-Div Reminder For Goldman Sachs's Floating Rate Non-Cumulative Preferred Stock, Series C
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