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
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