Cash Dividend On The Way From Duke Realty Series K Cumulative Redeemable Preferred Share

On 11/12/13, Duke Realty Corp.'s 6.5% Series K Cumulative Redeemable Preferred Share (NYSE: DRE.PRK) will trade ex-dividend, for its quarterly dividend of $0.4062, payable on 11/29/13. As a percentage of DRE.PRK's recent share price of $23.62, this dividend works out to approximately 1.72%, so look for shares of DRE.PRK to trade 1.72% lower -- all else being equal -- when DRE.PRK shares open for trading on 11/12/13. On an annualized basis, the current yield is approximately 6.89%, which compares...