National Healthcare Corp.'s Series A Convertible Preferred Stock Goes Ex-Dividend Soon

On 9/12/13, National Healthcare Corp.'s Series A Convertible Preferred Stock (AMEX: NHC.PRA) will trade ex-dividend, for its quarterly dividend of $0.20, payable on 10/15/13. As a percentage of NHC.PRA's recent share price of $14.40, this dividend works out to approximately 1.39%, so look for shares of NHC.PRA to trade 1.39% lower -- all else being equal -- when NHC.PRA shares open for trading on 9/12/13. On an annualized basis, the current yield is approximately 5.56%, which compares to an aver...