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.
Sabra Health Care REIT Series A Cumulative Redeemable Preferred Stock About To Put More Money In Your Pocket
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