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

On 8/13/13, 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 8/30/13. As a percentage of DRE.PRK's recent share price of $24.81, this dividend works out to approximately 1.64%, so look for shares of DRE.PRK to trade 1.64% lower ? all else being equal ? when DRE.PRK shares open for trading on 8/13/13. On an annualized basis, the current yield is approximately 6.55%, which compares to a...