On 11/18/14, PartnerRe Ltd.'s 6.50% Series D Cumulative Redeemable Preferred Shares (Symbol: PRE.PRD) will trade ex-dividend, for its quarterly dividend of $0.4062, payable on 12/1/14. As a percentage of PRE.PRD's recent share price of $25.81, this dividend works out to approximately 1.57%, so look for shares of PRE.PRD to trade 1.57% lower - all else being equal - when PRE.PRD shares open for trading on 11/18/14. On an annualized basis, the current yield is approximately 6.29%, which compares to an average yield of 5.69% in the "Financial" preferred stock category, according to Preferred Stock Channel . The chart below shows the one year performance of PRE.PRD shares, versus PRE:
Below is a dividend history chart for PRE.PRD, showing historical dividends prior to the most recent $0.4062 on PartnerRe Ltd.'s 6.50% Series D Cumulative Redeemable Preferred Shares:
According to the ETF Finder at ETF Channel, PartnerRe Ltd. (Symbol: PRE) makes up 2.28% of the First Trust NASDAQ Rising Dividend Achievers ETF ( RDVY ) which is trading higher by about 0.1% on the day Friday.
In Friday trading, PartnerRe Ltd.'s 6.50% Series D Cumulative Redeemable Preferred Shares (Symbol: PRE.PRD) is currently off about 0.1% on the day, while the common shares (Symbol: PRE) are down about 0.2%.