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Ex-Div Reminder for Colony Capital Series A Cumulative Redeemable Perpetual Preferred Stock

On 9/28/15, Colony Capital Inc's 8.50% Series A Cumulative Redeemable Perpetual Preferred Stock (Symbol: CLNY.PRA) will trade ex-dividend, for its quarterly dividend of $0.5312, payable on 10/15/15. As a percentage of CLNY.PRA's recent share price of $26.40, this dividend works out to approximately 2.01%, so look for shares of CLNY.PRA to trade 2.01% lower - all else being equal - when CLNY.PRA shares open for trading on 9/28/15. On an annualized basis, the current yield is approximately 8.06%, 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 CLNY.PRA shares, versus CLNY:

Performance Comparison Chart

Below is a dividend history chart for CLNY.PRA, showing historical dividends prior to the most recent $0.5312 on Colony Capital Inc's 8.50% Series A Cumulative Redeemable Perpetual Preferred Stock :

CLNY.PRA+Dividend+History+Chart

According to the ETF Finder at ETF Channel, Colony Capital Inc (Symbol: CLNY) makes up 4.41% of the Mortgage REIT Income ETF ( MORT ) which is trading relatively unchanged on the day Thursday.

In Thursday trading, Colony Capital Inc's 8.50% Series A Cumulative Redeemable Perpetual Preferred Stock (Symbol: CLNY.PRA) is currently up about 0.1% on the day, while the common shares (Symbol: CLNY) are trading flat.

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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