George Weston Ltd's Preferred Shares Series III Ex-Dividend Reminder
On 12/13/18, George Weston Ltd's Preferred Shares Series III (TSX: WN-PRC.TO ) will trade ex-dividend, for its quarterly dividend of $0.325, payable on 1/1/19. As a percentage of WN.PRC's recent share price of $23.02, this dividend works out to approximately 1.41%, so look for shares of WN.PRC to trade 1.41% lower - all else being equal - when WN.PRC shares open for trading on 12/13/18. On an annualized basis, the current yield is approximately 5.67%.
As of last close, WN.PRC was trading at a 8.32% discount to its liquidation preference amount. The chart below shows the one year performance of WN.PRC shares, versus WN:
Below is a dividend history chart for WN.PRC, showing historical dividends prior to the most recent $0.325 on George Weston Ltd's Preferred Shares Series III: