Forbes -
25 Nov 2013 20:44

On 11/27/13, Regions Financial Corp's 6.375% Non-Cumulative Perpetual Preferred Stock, Series A (NYSE: RF.PRA) will trade ex-dividend, for its quarterly dividend of $0.3984, payable on 12/16/13. As a percentage of RF.PRA's recent share price of $22.60, this dividend works out to approximately 1.76%, so look for shares of RF.PRA to trade 1.76% lower -- all else being equal -- when RF.PRA shares open for trading on 11/27/13. On an annualized basis, the current yield is approximately 7.05%, which c...
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