On 9/28/15, Corporate Office Properties Trust's 7.375% Series L Cumulative Preferred Shares (Symbol: OFC.PRL) will trade ex-dividend, for its quarterly dividend of $0.4609, payable on 10/15/15. As a percentage of OFC.PRL's recent share price of $25.55, this dividend works out to approximately 1.80%, so look for shares of OFC.PRL to trade 1.80% lower - all else being equal - when OFC.PRL shares open for trading on 9/28/15. On an annualized basis, the current yield is approximately 7.16%, 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 OFC.PRL shares, versus OFC:
Below is a dividend history chart for OFC.PRL, showing historical dividends prior to the most recent $0.4609 on Corporate Office Properties Trust's 7.375% Series L Cumulative Preferred Shares:
According to the ETF Finder at ETF Channel, Corporate Office Properties Trust (Symbol: OFC) makes up 1.11% of the PowerShares S&P MidCap Low Volatility Portfolio ETF ( XMLV ) which is trading lower by about 0.8% on the day Thursday.
In Thursday trading, Corporate Office Properties Trust's 7.375% Series L Cumulative Preferred Shares (Symbol: OFC.PRL) is currently off about 0.9% on the day, while the common shares (Symbol: OFC) are down about 1.6%.