On 9/27/13, DDR Corp.'s 7 3/8% Class H Cumulative Redeemable Preferred Shares (DDR.PRH) will trade ex-dividend, for its quarterly dividend of $0.4609, payable on 10/15/13. As a percentage of DDR.PRH's recent share price of $25.24, this dividend works out to approximately 1.83%, so look for shares of DDR.PRH to trade 1.83% lower — all else being equal — when DDR.PRH shares open for trading on 9/27/13. On an annualized basis, the current yield is approximately 7.30%, which compares to an average yield of 7.50% in the "Real Estate" preferred stock category, according to Preferred Stock Channel.
DDR Corp.'s 7 3/8% Class H Cumulative Redeemable Preferred Shares Ex-Dividend Reminder - 9/27/13
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