CoreSite Realty Series A Cumulative Redeemable Preferred Stock About To Put More Money In Your Pocket

On 9/26/13, CoreSite Realty Corp.'s 7.25% Series A Cumulative Redeemable Preferred Stock (NYSE: COR.PRA) will trade ex-dividend, for its quarterly dividend of $0.4531, payable on 10/15/13. As a percentage of COR.PRA's recent share price of $24.28, this dividend works out to approximately 1.87%, so look for shares of COR.PRA to trade 1.87% lower -- all else being equal -- when COR.PRA shares open for trading on 9/26/13. On an annualized basis, the current yield is approximately 7.47%, which compa...