Forbes -
18 Sep 2013 19:40

On 9/20/13, Power Corp. of Canada's Non-Cumulative First Preferred Shares, Series A (Toronto: POW-PRA) will trade ex-dividend, for its quarterly dividend of $0.35, payable on 10/15/13. As a percentage of POW.PRA's recent share price of $24.61, this dividend works out to approximately 1.42%, so look for shares of POW.PRA to trade 1.42% lower ? all else being equal ? when POW.PRA shares open for trading on 9/20/13. On an annualized basis, the current yield is approximately 5.71%.
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