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Alexandria Real Estate Equities Series E Cumulative Redeemable Preferred Stock About To Put More Money In Your Pocket

On 9/28/15, Alexandria Real Estate Equities, Inc.'s 6.45% Series E Cumulative Redeemable Preferred Stock (Symbol: ARE.PRE) will trade ex-dividend, for its quarterly dividend of $0.4031, payable on 10/15/15. As a percentage of ARE.PRE's recent share price of $25.66, this dividend works out to approximately 1.57%, so look for shares of ARE.PRE to trade 1.57% lower - all else being equal - when ARE.PRE shares open for trading on 9/28/15. On an annualized basis, the current yield is approximately 6.28%, which compares to an average yield of 7.11% in the "Real Estate" preferred stock category, according to Preferred Stock Channel . The chart below shows the one year performance of ARE.PRE shares, versus ARE:

Performance Comparison Chart

Below is a dividend history chart for ARE.PRE, showing historical dividends prior to the most recent $0.4031 on Alexandria Real Estate Equities, Inc.'s 6.45% Series E Cumulative Redeemable Preferred Stock:

ARE.PRE+Dividend+History+Chart

According to the ETF Finder at ETF Channel, Alexandria Real Estate Equities, Inc. (Symbol: ARE) makes up 1.66% of the iShares Cohen & Steers REIT ETF ( ICF ) which is trading lower by about 1.2% on the day Thursday.

In Thursday trading, Alexandria Real Estate Equities, Inc.'s 6.45% Series E Cumulative Redeemable Preferred Stock (Symbol: ARE.PRE) is currently trading flat on the day, while the common shares (Symbol: ARE) are off about 0.8%.

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.


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

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