On 8/6/14, 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 8/20/14. As a percentage of CDR.PRB's recent share price of $25.51, this dividend works out to approximately 1.78%, so look for shares of CDR.PRB to trade 1.78% lower — all else being equal — when CDR.PRB shares open for trading on 8/6/14. On an annualized basis, the current yield is approximately 7.13%, which compares to an average yield of 6.89% in the "Real Estate" preferred stock category, according to Preferred Stock Channel.
As of last close, CDR.PRB was trading at a 1.64% premium to its liquidation preference amount, versus the average premium of 1.00% in the "Real Estate" category. The chart below shows the one year performance of CDR.PRB shares, versus CDR:
Below is a dividend history chart for CDR.PRB, showing historical dividends prior to the most recent $0.4531 on Cedar Realty Trust, Inc.'s 7.25% Series B Cumulative Redeemable Preferred Stock :
According to the ETF Finder at ETF Channel, Cedar Realty Trust, Inc. (CDR) makes up 4.93% of the WisdomTree Total Dividend Fund ETF (DTD) which is trading lower by about 0.1% on the day Monday.