Ex-Div Reminder for GreenHunter Resources' 10% Series C Cumulative Preferred Stock

On 5/16/14, GreenHunter Resources, Inc's 10% Series C Cumulative Preferred Stock ( GRH.PRC) will trade ex-dividend, for its monthly dividend of $0.2083, payable on 6/2/14. As a percentage of GRH.PRC's recent share price of $20.55, this dividend works out to approximately 1.01%, so look for shares of GRH.PRC to trade 1.01% lower — all else being equal — when GRH.PRC shares open for trading on 5/16/14. On an annualized basis, the current yield is approximately 12.24%.

START SLIDESHOW:
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

As of last close, GRH.PRC was trading at a 18.28% discount to its liquidation preference amount. The chart below shows the one year performance of GRH.PRC shares, versus GRH:

Performance Comparison Chart

Below is a dividend history chart for GRH.PRC, showing historical dividends prior to the most recent $0.2083 on GreenHunter Resources, Inc's 10% Series C Cumulative Preferred Stock :

GRH.PRC+Dividend+History+Chart

In Wednesday trading, GreenHunter Resources, Inc's 10% Series C Cumulative Preferred Stock ( GRH.PRC) is currently up about 0.6% on the day, while the common shares ( GRH) are off about 0.3%.

If you liked this article you might like

3 Stocks Pushing The Utilities Sector Lower

3 Stocks Improving Performance Of The Industrial Industry

3 Stocks Pushing The Utilities Sector Lower

3 Stocks Pushing The Utilities Sector Lower

3 Stocks Pushing The Utilities Sector Lower