On 6/17/14, 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 6/30/14. As a percentage of GRH.PRC's recent share price of $23.85, this dividend works out to approximately 0.87%, so look for shares of GRH.PRC to trade 0.87% lower - all else being equal - when GRH.PRC shares open for trading on 6/17/14. On an annualized basis, the current yield is approximately 10.64%. The chart below shows the one year performance of GRH.PRC shares, versus GRH:
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 :
In Friday trading, GreenHunter Resources, Inc's 10% Series C Cumulative Preferred Stock (Symbol: GRH.PRC) is currently up about 1.5% on the day, while the common shares (Symbol: GRH) are up about 16.1%.
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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.
