On 12/30/13, Essex Property Trust, Inc.'s 7.125% Series H Cumulative Redeemable Preferred Stock (ESS.PRH) will trade ex-dividend, for its quarterly dividend of $0.4453, payable on 1/15/14. As a percentage of ESS.PRH's recent share price of $25.94, this dividend works out to approximately 1.72%, so look for shares of ESS.PRH to trade 1.72% lower — all else being equal — when ESS.PRH shares open for trading on 12/30/13. On an annualized basis, the current yield is approximately 6.87%, 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 Essex Property Trust Series H Cumulative Redeemable Preferred Stock
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