Forbes -
26 Dec 2012 21:05

On 12/27/12, Excel Trust Inc.'s 8.125% Series B Cumulative Redeemable Preferred Stock (NYSE: EXL.PRB) will trade ex-dividend, for its quarterly dividend of $0.5078, payable on 1/15/13. As a percentage of EXL.PRB's recent share price of $26.30, this dividend works out to approximately 1.93%, so look for shares of EXL.PRB to trade 1.93% lower — all else being equal — when EXL.PRB shares open for trading on 12/27/12. On an annualized basis, the current yield is approximately 7.70%, wh...
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