This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Barclays PLC's Non-Cumulative Callable Dollar Preference Shares, Series 5 Ex-Dividend Reminder - 3/6/14

On 3/6/14, Barclays PLC's Non-Cumulative Callable Dollar Preference Shares, Series 5 (BCS.PRD) will trade ex-dividend, for its quarterly dividend of $0.5078, payable on 3/17/14. As a percentage of BCS.PRD's recent share price of $25.94, this dividend works out to approximately 1.96%, so look for shares of BCS.PRD to trade 1.96% lower — all else being equal — when BCS.PRD shares open for trading on 3/6/14. On an annualized basis, the current yield is approximately 7.82%, which compares to an average yield of 6.25% in the "Banking & Savings" preferred stock category, according to Preferred Stock Channel.

START SLIDESHOW:
Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen »

As of last close, BCS.PRD was trading at a 3.84% premium to its liquidation preference amount. Investors should keep in mind that the shares are not cumulative, meaning that in the event of a missed payment, the company does not have to pay the balance of missed dividends to preferred shareholders before resuming a common dividend. The chart below shows the one year performance of BCS.PRD shares, versus BCS:

Performance Comparison Chart



Below is a dividend history chart for BCS.PRD, showing historical dividends prior to the most recent $0.5078 on Barclays PLC's Non-Cumulative Callable Dollar Preference Shares, Series 5 :

BCS.PRD+Dividend+History+Chart



According to the ETF Finder at ETF Channel, Barclays PLC (BCS) makes up 2.94% of the Bank and Brokerage ETF (RKH) which is trading relatively unchanged on the day Tuesday.

In Tuesday trading, Barclays PLC's Non-Cumulative Callable Dollar Preference Shares, Series 5 (BCS.PRD) is currently down about 0.1% on the day, while the common shares (BCS) are trading flat.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
SYM TRADE IT LAST %CHG

Markets

DOW 17,841.98 -86.22 -0.48%
S&P 500 2,080.15 -9.31 -0.45%
NASDAQ 4,919.6440 -19.6830 -0.40%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs