Forbes -
4 Nov 2013 22:01

On 11/6/13, Canadian Utilities Limited's Cumulative Redeemable Second Preferred Shares Series Y (Toronto: CU-PRC) will trade ex-dividend, for its quarterly dividend of $0.25, payable on 12/1/13. As a percentage of CU.PRC's recent share price of $25.40, this dividend works out to approximately 0.98%, so look for shares of CU.PRC to trade 0.98% lower -- all else being equal -- when CU.PRC shares open for trading on 11/6/13. On an annualized basis, the current yield is approximately 3.97%.
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