On 12/11/13, George Weston Limited's Preferred Shares Series III (Toronto: WN-PRC) will trade ex-dividend, for its quarterly dividend of $0.325, payable on 1/1/14. As a percentage of WN.PRC's recent share price of $24.26, this dividend works out to approximately 1.34%, so look for shares of WN.PRC to trade 1.34% lower -- all else being equal -- when WN.PRC shares open for trading on 12/11/13. On an annualized basis, the current yield is approximately 5.37%.
On 12/11/13, George Weston Limited's Preferred Shares Series III (Toronto: WN-PRC) will trade ex-dividend, for its quarterly dividend of $0.325, payable on 1/1/14. As a percentage of WN.PRC's recent share price of $24.26, this dividend works out to approximately 1.34%, so look for shares of WN.PRC to trade 1.34% lower -- all else being equal -- when WN.PRC shares open for trading on 12/11/13. On an annualized basis, the current yield is approximately 5.37%.
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