Transcontinental Cumulative 5-Year Rate Reset First Preferred Shares, Series D About To Put More Money In Your Pocket

On 10/10/13, Transcontinental Inc's Cumulative 5-Year Rate Reset First Preferred Shares, Series D (Toronto: TCL-PRD) will trade ex-dividend, for its quarterly dividend of $0.4253, payable on 10/15/13. As a percentage of TCL.PRD's recent share price of $25.32, this dividend works out to approximately 1.68%, so look for shares of TCL.PRD to trade 1.68% lower ? all else being equal ? when TCL.PRD shares open for trading on 10/10/13. On an annualized basis, the current yield is approximately 6.72%.