On 11/6/13, Cedar Realty Trust, Inc.'s 7.25% Series B Cumulative Redeemable Preferred Stock (CDR.PRB) will trade ex-dividend, for its quarterly dividend of $0.4531, payable on 11/20/13. As a percentage of CDR.PRB's recent share price of $23.15, this dividend works out to approximately 1.96%, so look for shares of CDR.PRB to trade 1.96% lower — all else being equal — when CDR.PRB shares open for trading on 11/6/13. On an annualized basis, the current yield is approximately 7.81%, which compares to an average yield of 7.54% in the "Real Estate" preferred stock category, according to Preferred Stock Channel.
Cash Dividend On The Way From Cedar Realty Trust Series B Cumulative Redeemable Preferred Stock
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