Forbes -
26 Nov 2012 20:59

On 11/28/12, Alliant Energy Corp.'s 8.375% Series B Cumulative Preferred Stock (NYSE: IPL.PRB) will trade ex-dividend, for its quarterly dividend of $0.5234, payable on 12/14/12. As a percentage of IPL.PRB's recent share price of $26.73, this dividend works out to approximately 1.96%, so look for shares of IPL.PRB to trade 1.96% lower — all else being equal — when IPL.PRB shares open for trading on 11/28/12. On an annualized basis, the current yield is approximately 7.83%, which co...
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