Associated Banc-Corp.'s Perpetual Preferred Stock, Series B Goes Ex-Dividend Soon

On 2/27/13, Associated Banc-Corp.'s 8.00% Perpetual Preferred Stock, Series B (NYSE: ABW.PRB) will trade ex-dividend, for its quarterly dividend of $0.50, payable on 3/15/13. As a percentage of ABW.PRB's recent share price of $28.48, this dividend works out to approximately 1.76%, so look for shares of ABW.PRB to trade 1.76% lower -- all else being equal -- when ABW.PRB shares open for trading on 2/27/13. On an annualized basis, the current yield is approximately 7.05%, which compares to an aver...