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Alexandria Real Estate Equities Series D Cumulative Convertible Preferred Stock Goes Ex-Dividend Soon


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On 9/27/18, Alexandria Real Estate Equities Inc's 7.00% Series D Cumulative Convertible Preferred Stock (Symbol: ARE.PRD) will trade ex-dividend, for its quarterly dividend of $0.4375, payable on 10/15/18. As a percentage of ARE.PRD's recent share price of $34.46, this dividend works out to approximately 1.27%, so look for shares of ARE.PRD to trade 1.27% lower - all else being equal - when ARE.PRD shares open for trading on 9/27/18. On an annualized basis, the current yield is approximately 4.98%, which compares to an average yield of 6.85% in the "Real Estate" preferred stock category, according to Preferred Stock Channel . The chart below shows the one year performance of ARE.PRD shares, versus ARE:

Performance Comparison Chart

Below is a dividend history chart for ARE.PRD, showing historical dividends prior to the most recent $0.4375 on Alexandria Real Estate Equities Inc's 7.00% Series D Cumulative Convertible Preferred Stock:

ARE.PRD+Dividend+History+Chart

In Tuesday trading, Alexandria Real Estate Equities Inc's 7.00% Series D Cumulative Convertible Preferred Stock (Symbol: ARE.PRD) is currently down about 1.4% on the day, while the common shares (Symbol: ARE) are down about 1.1%.

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: ARE.PRD , ARE



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