Forbes -
10 Sep 2013 19:45

On 9/12/13, Cenex Harvest States Cooperatives 8% Cumulative Redeemable Preferred Stock (NASD: CHSCP) will trade ex-dividend, for its quarterly dividend of $0.50, payable on 9/30/13. As a percentage of CHSCP's recent share price of $33.25, this dividend works out to approximately 1.50%, so look for shares of CHSCP to trade 1.50% lower -- all else being equal -- when CHSCP shares open for trading on 9/12/13. On an annualized basis, the current yield is approximately 6.03%, which compares to an ave...
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