Forbes -
25 Feb 2013 20:59

On 2/27/13, iStar Financial Inc's 7.8% Series F Cumulative Redeemable Preferred Stock (NYSE: SFI.PRF) will trade ex-dividend, for its quarterly dividend of $0.4875, payable on 3/15/13. As a percentage of SFI.PRF's recent share price of $23.72, this dividend works out to approximately 2.06%, so look for shares of SFI.PRF to trade 2.06% lower -- all else being equal -- when SFI.PRF shares open for trading on 2/27/13. On an annualized basis, the current yield is approximately 8.22%, which compares ...
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