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
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