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Ex-Div Reminder for Regency Centers Corp's Series 7 Cumulative Redeemable Preferred Stock

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Shutterstock photo

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On 6/12/17, Regency Centers Corp's 6.000% Series 7 Cumulative Redeemable Preferred Stock (Symbol: REG.PRG) will trade ex-dividend, for its quarterly dividend of $0.375, payable on 6/30/17. As a percentage of REG.PRG's recent share price of $25.40, this dividend works out to approximately 1.48%, so look for shares of REG.PRG to trade 1.48% lower - all else being equal - when REG.PRG shares open for trading on 6/12/17. On an annualized basis, the current yield is approximately 5.93%, which compares to an average yield of 6.86% in the "Real Estate" preferred stock category, according to Preferred Stock Channel . The chart below shows the one year performance of REG.PRG shares, versus REG:

Performance Comparison Chart

Below is a dividend history chart for REG.PRG, showing historical dividends prior to the most recent $0.375 on Regency Centers Corp's 6.000% Series 7 Cumulative Redeemable Preferred Stock :

REG.PRG+Dividend+History+Chart

According to the ETF Finder at ETF Channel, Regency Centers Corp (Symbol: REG) makes up 1.93% of the PowerShares Active U.S. Real Estate Fund ETF ( PSR ) which is trading up by about 0.2% on the day Thursday.

In Thursday trading, Regency Centers Corp's 6.000% Series 7 Cumulative Redeemable Preferred Stock (Symbol: REG.PRG) is currently up about 0.3% on the day, while the common shares (Symbol: REG) are off about 0.4%.

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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