On 5/13/14, Duke Realty Corp.'s 6.5% Series K Cumulative Redeemable Preferred Share ( DRE.PRK) will trade ex-dividend, for its quarterly dividend of $0.4062, payable on 5/30/14. As a percentage of DRE.PRK's recent share price of $24.97, this dividend works out to approximately 1.63%, so look for shares of DRE.PRK to trade 1.63% lower — all else being equal — when DRE.PRK shares open for trading on 5/13/14. On an annualized basis, the current yield is approximately 6.50%, which compares to an average yield of 7.13% in the "Real Estate" preferred stock category, according to Preferred Stock Channel.As of last close, DRE.PRK was trading at a 0.00% premium to its liquidation preference amount, versus the average premium of 0.67% in the "Real Estate" category. The chart below shows the one year performance of DRE.PRK shares, versus DRE: Below is a dividend history chart for DRE.PRK, showing historical dividends prior to the most recent $0.4062 on Duke Realty Corp.'s 6.5% Series K Cumulative Redeemable Preferred Share: According to the ETF Finder at ETF Channel, Duke Realty Corp. ( DRE) makes up 4.66% of the iShares Industrial/Office Real Estate Capped ETF (FNIO) which is trading lower by about 0.2% on the day Friday. In Friday trading, Duke Realty Corp.'s 6.5% Series K Cumulative Redeemable Preferred Share ( DRE.PRK) is currently off about 0.1% on the day, while the common shares ( DRE) are down about 1%.