Bluerock Residential Growth REIT Series A Cumulative Redeemable Preferred Stock Ex-Dividend Reminder


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On 6/21/17, Bluerock Residential Growth REIT Inc's 8.250% Series A Cumulative Redeemable Preferred Stock (Symbol: BRG.PRA) will trade ex-dividend, for its quarterly dividend of $0.5156, payable on 7/5/17. As a percentage of BRG.PRA's recent share price of $26.43, this dividend works out to approximately 1.95%, so look for shares of BRG.PRA to trade 1.95% lower - all else being equal - when BRG.PRA shares open for trading on 6/21/17. On an annualized basis, the current yield is approximately 7.81%, which compares to an average yield of 6.84% in the "Real Estate" preferred stock category, according to Preferred Stock Channel . The chart below shows the one year performance of BRG.PRA shares, versus BRG:

Performance Comparison Chart

Below is a dividend history chart for BRG.PRA, showing historical dividends prior to the most recent $0.5156 on Bluerock Residential Growth REIT Inc's 8.250% Series A Cumulative Redeemable Preferred Stock:

BRG.PRA+Dividend+History+Chart

In Monday trading, Bluerock Residential Growth REIT Inc's 8.250% Series A Cumulative Redeemable Preferred Stock (Symbol: BRG.PRA) is currently trading flat on the day, while the common shares (Symbol: BRG) are up about 0.2%.

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

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



This article appears in: Investing , Investing Ideas
Referenced Symbols: BRG.PRA , BRG


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