On 3/27/14, Alexandria Real Estate Equities, Inc.'s 6.45% Series E Cumulative Redeemable Preferred Stock (ARE.PRE) will trade ex-dividend, for its quarterly dividend of $0.4031, payable on 4/15/14. As a percentage of ARE.PRE's recent share price of $24.93, this dividend works out to approximately 1.62%, so look for shares of ARE.PRE to trade 1.62% lower — all else being equal — when ARE.PRE shares open for trading on 3/27/14. On an annualized basis, the current yield is approximately 6.51%, which compares to an average yield of 7.31% in the "Real Estate" preferred stock category, according to Preferred Stock Channel.
Cash Dividend On The Way From Alexandria Real Estate Equities 6.45% Series E Cumulative Redeemable Preferred Stock
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