On 10/24/13, Goldman Sachs Group Incorporated's 6.20% Non-Cumulative Preferred Stock, Series B (GS.PRB) will trade ex-dividend, for its quarterly dividend of $0.3875, payable on 11/12/13. As a percentage of GS.PRB's recent share price of $24.91, this dividend works out to approximately 1.56%, so look for shares of GS.PRB to trade 1.56% lower — all else being equal — when GS.PRB shares open for trading on 10/24/13. On an annualized basis, the current yield is approximately 6.27%, which compares to an average yield of 5.98% in the "Financial" preferred stock category, according to Preferred Stock Channel.
Goldman Sachs Group Non-Cumulative Preferred Stock, Series B Ex-Dividend Reminder - 10/24/13
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