Forbes -
5 Nov 2013 20:46

On 11/7/13, Citigroup Capital IX 6.00% Capital Securities (NYSE: C.PRS) will trade ex-dividend, for its quarterly dividend of $0.375, payable on 11/13/13. As a percentage of C.PRS's recent share price of $25.05, this dividend works out to approximately 1.50%, so look for shares of C.PRS to trade 1.50% lower -- all else being equal -- when C.PRS shares open for trading on 11/7/13. On an annualized basis, the current yield is approximately 5.99%, which compares to an average yield of 5.81% in the ...
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