Forbes -
10 Jun 2013 20:22

On 6/12/13, STAG Industrial Inc.'s 9.0% Series A Cumulative Redeemable Preferred Stock (NYSE: STAG.PRA) will trade ex-dividend, for its quarterly dividend of $0.5625, payable on 7/1/13. As a percentage of STAG.PRA's recent share price of $27.94, this dividend works out to approximately 2.01%, so look for shares of STAG.PRA to trade 2.01% lower -- all else being equal -- when STAG.PRA shares open for trading on 6/12/13. On an annualized basis, the current yield is approximately 8.04%, which compa...
Share this Article