On 10/30/13, HCI Group Inc's 7.0% Series A Cumulative Redeemable Preferred Stock (HCIIP) will trade ex-dividend, for its monthly dividend of $0.0583, payable on 11/27/13. As a percentage of HCIIP's recent share price of $44.97, this dividend works out to approximately 0.13%. On an annualized basis, the current yield is approximately 1.59%, which compares to an average yield of 5.95% in the "Financial" preferred stock category, according to Preferred Stock Channel.
HCI Group Series A Cumulative Redeemable Preferred Stock Ex-Dividend Reminder - 10/30/13
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