On 12/27/13, Alexandria Real Estate Equities, Inc.'s 6.45% Series E Cumulative Redeemable Preferred Stock (ARE.PRE) will trade ex-dividend, for its quarterly dividend of $0.4031, payable on 1/15/14. As a percentage of ARE.PRE's recent share price of $21.69, this dividend works out to approximately 1.86%, so look for shares of ARE.PRE to trade 1.86% lower — all else being equal — when ARE.PRE shares open for trading on 12/27/13. On an annualized basis, the current yield is approximately 7.47%, which compares to an average yield of 7.82% in the "Real Estate" preferred stock category, according to Preferred Stock Channel.
Alexandria Real Estate Equities Series E Cumulative Redeemable Preferred Stock Ex-Dividend Reminder - 12/27/13
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