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

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.

START SLIDESHOW:
Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen »

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:

Performance Comparison Chart

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 :

CDR.PRB+Dividend+History+Chart

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.

In Monday trading, Cedar Realty Trust, Inc.'s 7.25% Series B Cumulative Redeemable Preferred Stock ( CDR.PRB) is currently up about 0.4% on the day, while the common shares ( CDR) are off about 0.2%.

More from Stocks

Markets Look Confused After Latest Beating

Markets Look Confused After Latest Beating

General Electric Expulsion From Dow Symbolizes Unsettled Week in Markets

General Electric Expulsion From Dow Symbolizes Unsettled Week in Markets

How Small-Cap Stocks Can Protect Your Portfolio From a Trade War

How Small-Cap Stocks Can Protect Your Portfolio From a Trade War

Week Ahead: Trade Fears and Stress Tests Signal More Volatility To Come

Week Ahead: Trade Fears and Stress Tests Signal More Volatility To Come

3 Great Stock Market Sectors Millennials Should Invest In

3 Great Stock Market Sectors Millennials Should Invest In