Forbes -
26 Dec 2012 20:57

On 12/27/12, Axis Capital Holdings Ltd's 7.25% Series A Preferred Shares (NYSE: AXS.PRA) will trade ex-dividend, for its quarterly dividend of $0.4531, payable on 1/15/13. As a percentage of AXS.PRA's recent share price of $25.44, this dividend works out to approximately 1.78%, so look for shares of AXS.PRA to trade 1.78% lower — all else being equal — when AXS.PRA shares open for trading on 12/27/12. On an annualized basis, the current yield is approximately 7.14%, which compares ...
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