On 11/10/16, Allergan PLC's 5.500% Mandatory Convertible Preferred Shares, Series A (Symbol: AGN.PRA) will trade ex-dividend, for its quarterly dividend of $13.75, payable on 12/1/16. As a percentage of AGN.PRA's recent share price of $739.95, this dividend works out to approximately 1.86%, so look for shares of AGN.PRA to trade 1.86% lower - all else being equal - when AGN.PRA shares open for trading on 11/10/16. On an annualized basis, the current yield is approximately 7.44%. The chart below shows the one year performance of AGN.PRA shares, versus AGN:
Below is a dividend history chart for AGN.PRA, showing historical dividends prior to the most recent $13.75 on Allergan PLC's 5.500% Mandatory Convertible Preferred Shares, Series A:
According to the ETF Finder at ETF Channel, Allergan PLC (Symbol: AGN) makes up 9.09% of the Biotech ETF ( BBH ) which is trading higher by about 1.2% on the day Tuesday.
In Tuesday trading, Allergan PLC's 5.500% Mandatory Convertible Preferred Shares, Series A (Symbol: AGN.PRA) is currently trading flat on the day, while the common shares (Symbol: AGN) are down about 0.4%.
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