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Cash Dividend On The Way From Alexandria Real Estate Equities Series D Cumulative Convertible Preferred Stock


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On 6/28/18, 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 7/16/18. As a percentage of ARE.PRD's recent share price of $35.27, this dividend works out to approximately 1.24%, so look for shares of ARE.PRD to trade 1.24% lower - all else being equal - when ARE.PRD shares open for trading on 6/28/18. On an annualized basis, the current yield is approximately 4.93%, 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 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 up about 0.2% on the day, while the common shares (Symbol: ARE) 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 ยป

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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