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CoreSite Realty Corp.'s Series A Cumulative Redeemable Preferred Stock Ex-Dividend Reminder

On 9/28/15, CoreSite Realty Corp.'s 7.25% Series A Cumulative Redeemable Preferred Stock (Symbol: COR.PRA) will trade ex-dividend, for its quarterly dividend of $0.4531, payable on 10/15/15. As a percentage of COR.PRA's recent share price of $26.01, this dividend works out to approximately 1.74%, so look for shares of COR.PRA to trade 1.74% lower - all else being equal - when COR.PRA shares open for trading on 9/28/15. On an annualized basis, the current yield is approximately 6.97%, 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 COR.PRA shares, versus COR:

Performance Comparison Chart

Below is a dividend history chart for COR.PRA, showing historical dividends prior to the most recent $0.4531 on CoreSite Realty Corp.'s 7.25% Series A Cumulative Redeemable Preferred Stock:

COR.PRA+Dividend+History+Chart

According to the ETF Finder at ETF Channel, CoreSite Realty Corp. (Symbol: COR) makes up 1.40% of the Guggenheim S&P SmallCap 600 Pure Growth ETF ( RZG ) which is trading lower by about 1.5% on the day Thursday.

In Thursday trading, CoreSite Realty Corp.'s 7.25% Series A Cumulative Redeemable Preferred Stock (Symbol: COR.PRA) is currently trading flat on the day, while the common shares (Symbol: COR) are off about 1.6%.

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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