Forbes -
24 Sep 2013 20:38

On 9/26/13, Health Care REIT Inc.'s 6.50% Series I Cumulative Convertible Perpetual Preferred Stock (NYSE: HCN.PRI) will trade ex-dividend, for its quarterly dividend of $0.8125, payable on 10/15/13. As a percentage of HCN.PRI's recent share price of $59.12, this dividend works out to approximately 1.37%, so look for shares of HCN.PRI to trade 1.37% lower -- all else being equal -- when HCN.PRI shares open for trading on 9/26/13. On an annualized basis, the current yield is approximately 5.53%, ...
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