On 11/27/13, iStar Financial Inc's 7.8% Series F Cumulative Redeemable Preferred Stock (SFI.PRF) will trade ex-dividend, for its quarterly dividend of $0.4875, payable on 12/16/13. As a percentage of SFI.PRF's recent share price of $23.15, this dividend works out to approximately 2.11%, so look for shares of SFI.PRF to trade 2.11% lower — all else being equal — when SFI.PRF shares open for trading on 11/27/13. On an annualized basis, the current yield is approximately 8.42%, which compares to an average yield of 7.47% in the "REITs" preferred stock category, according to Preferred Stock Channel.
Reminder: IStar Financial Series F Cumulative Redeemable Preferred Stock Goes Ex-Dividend Soon
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.