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

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On 3/18/14, 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 3/31/14. As a percentage of GRH.PRC's recent share price of $19.15, this dividend works out to approximately 1.09%, so look for shares of GRH.PRC to trade 1.09% lower - all else being equal - when GRH.PRC shares open for trading on 3/18/14. On an annualized basis, the current yield is approximately 12.99%, which compares to an average yield of 15.00% in the "Oil & Gas Equipment & Services" preferred stock category, according to Preferred Stock Channel . 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 down about 0.5% on the day, while the common shares (Symbol: GRH) are up about 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 The NASDAQ OMX Group, Inc.



This article appears in: Investing , Investing Ideas

Referenced Stocks: GRH.PRC , GRH

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