On 12/27/13, Realty Income Corp.'s 6.625% Monthly Income Class F Cumulative Redeemable Preferred Stock (O.PRF) will trade ex-dividend, for its monthly dividend of $0.1380, payable on 1/15/14. As a percentage of O.PRF's recent share price of $23.75, this dividend works out to approximately 0.58%, so look for shares of O.PRF to trade 0.58% lower — all else being equal — when O.PRF shares open for trading on 12/27/13. On an annualized basis, the current yield is approximately 6.98%, which compares to an average yield of 7.82% in the "Real Estate" preferred stock category, according to Preferred Stock Channel.
Ex-Div Reminder for Realty Income Corp.'s Monthly Income Class F Cumulative Redeemable Preferred Stock
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