Sabra Health Care REIT Series A Cumulative Redeemable Preferred Stock Goes Ex-Dividend Soon

On 8/13/13, Sabra Health Care REIT Inc's 7.125% Series A Cumulative Redeemable Preferred Stock (NASD: SBRAP) will trade ex-dividend, for its quarterly dividend of $0.4453, payable on 8/30/13. As a percentage of SBRAP's recent share price of $25.39, this dividend works out to approximately 1.75%, so look for shares of SBRAP to trade 1.75% lower -- all else being equal -- when SBRAP shares open for trading on 8/13/13. On an annualized basis, the current yield is approximately 7.08%, which compares...