On 11/6/14, Cedar Realty Trust, Inc.'s 7.25% Series B Cumulative Redeemable Preferred Stock (Symbol: CDR.PRB) will trade ex-dividend, for its quarterly dividend of $0.4531, payable on 11/20/14. As a percentage of CDR.PRB's recent share price of $26.18, this dividend works out to approximately 1.73%, so look for shares of CDR.PRB to trade 1.73% lower - all else being equal - when CDR.PRB shares open for trading on 11/6/14. On an annualized basis, the current yield is approximately 6.92%, which compares to an average yield of 6.90% in the "Real Estate" preferred stock category, according to Preferred Stock Channel . The chart below shows the one year performance of CDR.PRB shares, versus CDR:
Below is a dividend history chart for CDR.PRB, showing historical dividends prior to the most recent $0.4531 on Cedar Realty Trust, Inc.'s 7.25% Series B Cumulative Redeemable Preferred Stock :
In Wednesday trading, Cedar Realty Trust, Inc.'s 7.25% Series B Cumulative Redeemable Preferred Stock (Symbol: CDR.PRB) is currently trading flat on the day, while the common shares (Symbol: CDR) are up about 0.2%.
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.
