Forbes -
25 Oct 2012 21:59

On 10/29/12, Lexington Realty Trust's 6.50% Series C Cumulative Convertible Preferred Stock (NYSE: LXP.PRC) will trade ex-dividend, for its quarterly dividend of $0.8125, payable on 11/15/12. As a percentage of LXP.PRC's recent share price of $48.91, this dividend works out to approximately 1.66%, so look for shares of LXP.PRC to trade 1.66% lower — all else being equal — when LXP.PRC shares open for trading on 10/29/12. On an annualized basis, the current yield is approximately 6....
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