On 3/27/14, Corporate Office Properties Trust's 7 1/2% Series H Cumulative Redeemable Preferred Shares (OFC.PRH) will trade ex-dividend, for its quarterly dividend of $0.4688, payable on 4/15/14. As a percentage of OFC.PRH's recent share price of $25.30, this dividend works out to approximately 1.85%, so look for shares of OFC.PRH to trade 1.85% lower — all else being equal — when OFC.PRH shares open for trading on 3/27/14. On an annualized basis, the current yield is approximately 7.38%, which compares to an average yield of 7.31% in the "Real Estate" preferred stock category, according to Preferred Stock Channel.
Reminder: Corporate Office Properties Trust's 7 1/2% Series H Cumulative Redeemable Preferred Shares Goes Ex-Dividend Soon
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