Southwest Bancorp Trust Preferred Securities About To Put More Money In Your Pocket

On 8/28/13, Southwest Bancorp, Inc.'s 10.50% Trust Preferred Securities (NASD: OKSBP) will trade ex-dividend, for its quarterly dividend of $0.6562, payable on 9/16/13. As a percentage of OKSBP's recent share price of $25.60, this dividend works out to approximately 2.56%, so look for shares of OKSBP to trade 2.56% lower ? all else being equal ? when OKSBP shares open for trading on 8/28/13. On an annualized basis, the current yield is approximately 10.24%, which compares to an average yield of ...