On 5/13/14, Sabra Health Care REIT Inc's 7.125% Series A Cumulative Redeemable Preferred Stock (SBRAP) will trade ex-dividend, for its quarterly dividend of $0.4453, payable on 5/30/14. As a percentage of SBRAP's recent share price of $25.49, this dividend works out to approximately 1.75%, so look for shares of SBRAP to trade 1.75% lower — all else being equal — when SBRAP shares open for trading on 5/13/14. On an annualized basis, the current yield is approximately 6.92%, which compares to an average yield of 7.13% in the "Real Estate" preferred stock category, according to Preferred Stock Channel.
Sabra Health Care REIT Series A Cumulative Redeemable Preferred Stock Goes Ex-Dividend Soon
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