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.
Ex-Div Reminder for Cedar Realty Trust 7.25% Series B Cumulative Redeemable Preferred Stock
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