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CBL & Associates Properties Series D Cumulative Redeemable Preferred Stock Ex-Dividend Reminder

On 9/11/15, CBL & Associates Properties, Inc.'s 7.375% Series D Cumulative Redeemable Preferred Stock (Symbol: CBL.PRD) will trade ex-dividend, for its quarterly dividend of $0.4609, payable on 9/30/15. As a percentage of CBL.PRD's recent share price of $25.40, this dividend works out to approximately 1.81%, so look for shares of CBL.PRD to trade 1.81% lower - all else being equal - when CBL.PRD shares open for trading on 9/11/15. On an annualized basis, the current yield is approximately 7.26%, which compares to an average yield of 7.14% in the "Real Estate" preferred stock category, according to Preferred Stock Channel . The chart below shows the one year performance of CBL.PRD shares, versus CBL:

Performance Comparison Chart

Below is a dividend history chart for CBL.PRD, showing historical dividends prior to the most recent $0.4609 on CBL & Associates Properties, Inc.'s 7.375% Series D Cumulative Redeemable Preferred Stock:

CBL.PRD+Dividend+History+Chart

In Wednesday trading, CBL & Associates Properties, Inc.'s 7.375% Series D Cumulative Redeemable Preferred Stock (Symbol: CBL.PRD) is currently up about 0.1% on the day, while the common shares (Symbol: CBL) are off about 1.9%.

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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