RioCan Real Estate Investment Trust's Preferred Units, Series A About To Put More Money In Your Pocket

On 9/26/13, RioCan Real Estate Investment Trust's Preferred Units, Series A (Toronto: REI-PRA) will trade ex-dividend, for its quarterly dividend of $0.3281, payable on 9/30/13. As a percentage of REI.PRA's recent share price of $24.99, this dividend works out to approximately 1.31%, so look for shares of REI.PRA to trade 1.31% lower -- all else being equal -- when REI.PRA shares open for trading on 9/26/13. On an annualized basis, the current yield is approximately 5.26%.