Ex-Div Reminder for Regions Financial Corp's Non-Cumulative Perpetual Preferred Stock, Series A

On 2/27/13, Regions Financial Corp's 6.375% Non-Cumulative Perpetual Preferred Stock, Series A (NYSE: RF.PRA) will trade ex-dividend, for its quarterly dividend of $0.3984, payable on 3/15/13. As a percentage of RF.PRA's recent share price of $25.40, this dividend works out to approximately 1.57%, so look for shares of RF.PRA to trade 1.57% lower -- all else being equal -- when RF.PRA shares open for trading on 2/27/13. On an annualized basis, the current yield is approximately 6.26%, which comp...