On 2/27/13, HCII's 7.0% Series A Cumulative Redeemable Preferred Stock (NASD: HCIIP) will trade ex-dividend, for its monthly dividend of $0.0583, payable on 3/27/13. As a percentage of HCIIP's recent share price of $21.18, this dividend works out to approximately 0.28%. On an annualized basis, the current yield is approximately 3.30%, which compares to an average yield of 4.73% in the "Insurance Brokers" preferred stock category, according to Preferred Stock Channel.
HCII's Series A Cumulative Redeemable Preferred Stock Ex-Dividend Reminder
Forbes - 25 Feb 2013 20:48
On 2/27/13, HCII's 7.0% Series A Cumulative Redeemable Preferred Stock (NASD: HCIIP) will trade ex-dividend, for its monthly dividend of $0.0583, payable on 3/27/13. As a percentage of HCIIP's recent share price of $21.18, this dividend works out to approximately 0.28%. On an annualized basis, the current yield is approximately 3.30%, which compares to an average yield of 4.73% in the "Insurance Brokers" preferred stock category, according to Preferred Stock Channel.
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