Cash Dividend On The Way From GreenHunter Resources Series C Cumulative Preferred Stock

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On 6/17/14, GreenHunter Resources, Inc's 10% Series C Cumulative Preferred Stock (Symbol: GRH.PRC) will trade ex-dividend, for its monthly dividend of $0.2083, payable on 6/30/14. As a percentage of GRH.PRC's recent share price of $23.85, this dividend works out to approximately 0.87%, so look for shares of GRH.PRC to trade 0.87% lower - all else being equal - when GRH.PRC shares open for trading on 6/17/14. On an annualized basis, the current yield is approximately 10.64%. 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 Friday trading, GreenHunter Resources, Inc's 10% Series C Cumulative Preferred Stock (Symbol: GRH.PRC) is currently up about 1.5% on the day, while the common shares (Symbol: GRH) are up about 16.1%.

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



This article appears in: Investing , Investing Ideas

Referenced Stocks: GRH.PRC , GRH

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