Forbes -
9 Dec 2013 21:06

On 12/11/13, Omnicare Inc.'s Trust Preferred Income Equity Redeemable Securities (NYSE: OCR.PRA) will trade ex-dividend, for its quarterly dividend of $0.50, payable on 12/16/13. As a percentage of OCR.PRA's recent share price of $72.29, this dividend works out to approximately 0.69%, so look for shares of OCR.PRA to trade 0.69% lower -- all else being equal -- when OCR.PRA shares open for trading on 12/11/13. On an annualized basis, the current yield is approximately 2.77%, which compares to an...
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