Duke Realty Corp.'s Series K Cumulative Redeemable Preferred Share Goes Ex-Dividend Soon

On 5/14/13, Duke Realty Corp.'s 6.5% Series K Cumulative Redeemable Preferred Share (NYSE: DRE.PRK) will trade ex-dividend, for its quarterly dividend of $0.4062, payable on 5/31/13. As a percentage of DRE.PRK's recent share price of $25.60, this dividend works out to approximately 1.59%, so look for shares of DRE.PRK to trade 1.59% lower -- all else being equal -- when DRE.PRK shares open for trading on 5/14/13. On an annualized basis, the current yield is approximately 6.36%, which compares to...