Unisys Corp.'s Mandatory Convertible Preferred Stock, Series A, About To Put More Money In Your Pocket

On 5/13/13, Unisys Corp.'s 6.25% Mandatory Convertible Preferred Stock, Series A (NYSE: UIS.PRA) will trade ex-dividend, for its quarterly dividend of $1.5625, payable on 6/1/13. As a percentage of UIS.PRA's recent share price of $57.24, this dividend works out to approximately 2.73%, so look for shares of UIS.PRA to trade 2.73% lower -- all else being equal -- when UIS.PRA shares open for trading on 5/13/13. On an annualized basis, the current yield is approximately 10.89%.