On 6/18/14, Hudson Pacific Properties Inc's 8.375% Series B Cumulative Redeemable Preferred Stock (HPP.PRB) will trade ex-dividend, for its quarterly dividend of $0.5234, payable on 6/30/14. As a percentage of HPP.PRB's recent share price of $27.50, this dividend works out to approximately 1.90%, so look for shares of HPP.PRB to trade 1.90% lower — all else being equal — when HPP.PRB shares open for trading on 6/18/14. On an annualized basis, the current yield is approximately 7.58%, which compares to an average yield of 6.85% in the "Real Estate" preferred stock category, according to Preferred Stock Channel.
Hudson Pacific Properties Series B Cumulative Redeemable Preferred Stock Goes Ex-Dividend Soon
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