Forbes -
14 Jun 2013 20:33

On 6/18/13, Retail Properties of America, Inc's 7.00% Series A Cumulative Redeemable Preferred Stock (NYSE: RPAI.PRA) will trade ex-dividend, for its quarterly dividend of $0.4375, payable on 7/1/13. As a percentage of RPAI.PRA's recent share price of $25.03, this dividend works out to approximately 1.75%, so look for shares of RPAI.PRA to trade 1.75% lower -- all else being equal -- when RPAI.PRA shares open for trading on 6/18/13. On an annualized basis, the current yield is approximately 6.94...
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