On 2/12/14, Sabra Health Care REIT Inc's 7.125% Series A Cumulative Redeemable Preferred Stock (SBRAP) will trade ex-dividend, for its quarterly dividend of $0.4453, payable on 2/28/14. As a percentage of SBRAP's recent share price of $24.58, this dividend works out to approximately 1.81%, so look for shares of SBRAP to trade 1.81% lower — all else being equal — when SBRAP shares open for trading on 2/12/14. On an annualized basis, the current yield is approximately 7.36%, which compares to an average yield of 7.60% in the "Real Estate" preferred stock category, according to Preferred Stock Channel.
As of last close, SBRAP was trading at a 3.20% discount to its liquidation preference amount. The chart below shows the one year performance of SBRAP shares, versus SBRA:
Below is a dividend history chart for SBRAP, showing historical dividends prior to the most recent $0.4453 on Sabra Health Care REIT Inc's 7.125% Series A Cumulative Redeemable Preferred Stock:
According to the ETF Finder at ETF Channel, Sabra Health Care REIT Inc (SBRA) makes up 3.29% of the KBW Premium Yield Equity REIT Portfolio ETF (KBWY) which is trading higher by about 0.6% on the day Monday.