Forbes -
26 Dec 2012 21:03

On 12/27/12, DDR Corp.'s 6.50% Class J Cumulative Redeemable Preferred Shares (NYSE: DDR.PRJ) will trade ex-dividend, for its quarterly dividend of $0.4062, payable on 1/15/13. As a percentage of DDR.PRJ's recent share price of $24.80, this dividend works out to approximately 1.64%, so look for shares of DDR.PRJ to trade 1.64% lower — all else being equal — when DDR.PRJ shares open for trading on 12/27/12. On an annualized basis, the current yield is approximately 6.54%, which comp...
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