On 12/27/13, SL Green Realty Corp.'s 6.50% Series I Cumulative Redeemable Preferred Stock ( SLG.PRI) will trade ex-dividend, for its quarterly dividend of $0.4062, payable on 1/15/14. As a percentage of SLG.PRI's recent share price of $21.86, this dividend works out to approximately 1.86%, so look for shares of SLG.PRI to trade 1.86% lower — all else being equal — when SLG.PRI shares open for trading on 12/27/13. On an annualized basis, the current yield is approximately 7.42%, which compares to an average yield of 7.82% in the "Real Estate" preferred stock category, according to Preferred Stock Channel.As of last close, SLG.PRI was trading at a 12.36% discount to its liquidation preference amount. The chart below shows the one year performance of SLG.PRI shares, versus SLG: Below is a dividend history chart for SLG.PRI, showing historical dividends prior to the most recent $0.4062 on SL Green Realty Corp.'s 6.50% Series I Cumulative Redeemable Preferred Stock: According to the ETF Finder at ETF Channel, SL Green Realty Corp. ( SLG) makes up 7.96% of the iShares Industrial/Office Real Estate Capped ETF (FNIO) which is trading relatively unchanged on the day Thursday. In Thursday trading, SL Green Realty Corp.'s 6.50% Series I Cumulative Redeemable Preferred Stock ( SLG.PRI) is currently down about 0.2% on the day, while the common shares ( SLG) are down about 0.5%.