On 9/29/15, DDR Corp.'s 6.250% Class K Cumulative Redeemable Preferred Shares (Symbol: DDR.PRK) will trade ex-dividend, for its quarterly dividend of $0.3906, payable on 10/15/15. As a percentage of DDR.PRK's recent share price of $24.96, this dividend works out to approximately 1.57%, so look for shares of DDR.PRK to trade 1.57% lower - all else being equal - when DDR.PRK shares open for trading on 9/29/15. On an annualized basis, the current yield is approximately 6.27%, which compares to an average yield of 7.12% in the "Real Estate" preferred stock category, according to Preferred Stock Channel . The chart below shows the one year performance of DDR.PRK shares, versus DDR:
Below is a dividend history chart for DDR.PRK, showing historical dividends prior to the most recent $0.3906 on DDR Corp.'s 6.250% Class K Cumulative Redeemable Preferred Shares:
According to the ETF Finder at ETF Channel, DDR Corp. (Symbol: DDR) makes up 1.51% of the SPDR Russell 1000 Low Volatility ETF ( LGLV ) which is trading higher by about 1.3% on the day Friday.
In Friday trading, DDR Corp.'s 6.250% Class K Cumulative Redeemable Preferred Shares (Symbol: DDR.PRK) is currently up about 0.1% on the day, while the common shares (Symbol: DDR) are up about 0.8%.