Forbes -
25 Feb 2013 20:59

On 2/27/13, iStar Financial Inc's 7.65% Series G Cumulative Redeemable Preferred Stock (NYSE: SFI.PRG) will trade ex-dividend, for its quarterly dividend of $0.4781, payable on 3/15/13. As a percentage of SFI.PRG's recent share price of $23.52, this dividend works out to approximately 2.03%, so look for shares of SFI.PRG to trade 2.03% lower -- all else being equal -- when SFI.PRG shares open for trading on 2/27/13. On an annualized basis, the current yield is approximately 8.14%, which compares...
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