GreenHunter Resources Series C Cumulative Preferred Stock About To Put More Money In Your Pocket

On 6/18/13, GreenHunter Resources, Inc's 10% Series C Cumulative Preferred Stock (AMEX: GRH.PRC) will trade ex-dividend, for its monthly dividend of $0.2083, payable on 7/1/13. As a percentage of GRH.PRC's recent share price of $18.06, this dividend works out to approximately 1.15%, so look for shares of GRH.PRC to trade 1.15% lower -- all else being equal -- when GRH.PRC shares open for trading on 6/18/13. On an annualized basis, the current yield is approximately 13.89%, which compares to an a...