On 2/11/16, Sabra Health Care REIT Inc's 7.125% Series A Cumulative Redeemable Preferred Stock (Symbol: SBRAP) will trade ex-dividend, for its quarterly dividend of $0.4453, payable on 2/29/16. As a percentage of SBRAP's recent share price of $25.31, this dividend works out to approximately 1.76%, so look for shares of SBRAP to trade 1.76% lower - all else being equal - when SBRAP shares open for trading on 2/11/16. On an annualized basis, the current yield is approximately 7.03%, which compares to an average yield of 7.44% in the "Real Estate" preferred stock category, according to Preferred Stock Channel . The chart below shows the one year performance of SBRAP shares, versus SBRA:
Below is a dividend history chart for SBRAP, showing historical dividends prior to the most recent $0.4453 on Sabra Health Care REIT Inc's 7.125% Series A Cumulative Redeemable Preferred Stock:
In Tuesday trading, Sabra Health Care REIT Inc's 7.125% Series A Cumulative Redeemable Preferred Stock (Symbol: SBRAP) is currently down about 0.2% on the day, while the common shares (Symbol: SBRA) are down about 9.2%.
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.
