On 12/28/16, Welltower Inc's 6.50% Series J Cumulative Redeemable Preferred Stock (HCN.PRJ) will trade ex-dividend, for its quarterly dividend of $0.4062, payable on 1/17/17. As a percentage of HCN.PRJ's recent share price of $25.26, this dividend works out to approximately 1.61%, so look for shares of HCN.PRJ to trade 1.61% lower — all else being equal — when HCN.PRJ shares open for trading on 12/28/16. On an annualized basis, the current yield is approximately 6.45%, which compares to an average yield of 7.08% in the "Real Estate" preferred stock category, according to Preferred Stock Channel.

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As of last close, HCN.PRJ was trading at a 0.80% premium to its liquidation preference amount, versus the average premium of 0.20% in the "Real Estate" category. The chart below shows the one year performance of HCN.PRJ shares, versus HCN:

Performance Comparison Chart

Below is a dividend history chart for HCN.PRJ, showing historical dividends prior to the most recent $0.4062 on Welltower Inc's 6.50% Series J Cumulative Redeemable Preferred Stock :

HCN.PRJ+Dividend+History+Chart

According to the ETF Finder at ETF Channel, Welltower Inc ( HCN) makes up 8.77% of the iShares Residential Real Estate Capped ETF (REZ) which is trading relatively unchanged on the day Tuesday.

In Tuesday trading, Welltower Inc's 6.50% Series J Cumulative Redeemable Preferred Stock ( HCN.PRJ) is currently up about 0.2% on the day, while the common shares ( HCN) are trading flat.