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GreenHunter Resources' Series C Preferred Stock About To Put More Money In Your Pocket

Stocks in this article: GRH

On 1/15/14, GreenHunter Resources, Inc's 10% Series C Cumulative Preferred Stock (GRH.PRC) will trade ex-dividend, for its monthly dividend of $0.2083, payable on 1/31/14. As a percentage of GRH.PRC's recent share price of $19.25, this dividend works out to approximately 1.08%, so look for shares of GRH.PRC to trade 1.08% lower — all else being equal — when GRH.PRC shares open for trading on 1/15/14. On an annualized basis, the current yield is approximately 13.11%.

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As of last close, GRH.PRC was trading at a 23.72% discount to its liquidation preference amount. The chart below shows the one year performance of GRH.PRC shares, versus GRH:

Performance Comparison Chart



Below is a dividend history chart for GRH.PRC, showing historical dividends prior to the most recent $0.2083 on GreenHunter Resources, Inc's 10% Series C Cumulative Preferred Stock :

GRH.PRC+Dividend+History+Chart



In Monday trading, GreenHunter Resources, Inc's 10% Series C Cumulative Preferred Stock (GRH.PRC) is currently up about 0.9% on the day, while the common shares (GRH) are up about 0.7%.

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