Forbes -
10 Dec 2012 21:42

On 12/12/12, Everest Re Group Ltd's 6.20% Trust Preferred Securities (NYSE: RE.PRB) will trade ex-dividend, for its quarterly dividend of $0.3875, payable on 12/30/12. As a percentage of RE.PRB's recent share price of $25.38, this dividend works out to approximately 1.53%, so look for shares of RE.PRB to trade 1.53% lower — all else being equal — when RE.PRB shares open for trading on 12/12/12. On an annualized basis, the current yield is approximately 6.12%, which compares to an a...
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