Regency Centers Corp.'s Series 7 Cumulative Redeemable Preferred Stock About To Put More Money In Your Pocket

On 9/13/13, Regency Centers Corp.'s Series 7 Cumulative Redeemable Preferred Stock (NYSE: REG.PRG) will trade ex-dividend, for its quarterly dividend of $0.375, payable on 9/30/13. As a percentage of REG.PRG's recent share price of $20.96, this dividend works out to approximately 1.79%, so look for shares of REG.PRG to trade 1.79% lower -- all else being equal -- when REG.PRG shares open for trading on 9/13/13. On an annualized basis, the current yield is approximately 7.11%, which compares to a...