On 5/7/14, Cedar Realty Trust, Inc.'s 7.25% Series B Cumulative Redeemable Preferred Stock (CDR.PRB) will trade ex-dividend, for its quarterly dividend of $0.4531, payable on 5/20/14. As a percentage of CDR.PRB's recent share price of $25.35, this dividend works out to approximately 1.79%, so look for shares of CDR.PRB to trade 1.79% lower — all else being equal — when CDR.PRB shares open for trading on 5/7/14. On an annualized basis, the current yield is approximately 7.19%, which compares to an average yield of 7.14% in the "Real Estate" preferred stock category, according to Preferred Stock Channel.
Cedar Realty Trust Series B Cumulative Redeemable Preferred Stock About To Put More Money In Your Pocket
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts