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%.
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:
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 :