Cash Dividend On The Way From Glimcher Realty Trust's Series G Cumulative Redeemable Preferred Shares

On 12/27/13, Glimcher Realty Trust's 8 1/8% Series G Cumulative Redeemable Preferred Shares (NYSE: GRT.PRG) will trade ex-dividend, for its quarterly dividend of $0.5078, payable on 1/15/14. As a percentage of GRT.PRG's recent share price of $25.46, this dividend works out to approximately 1.99%, so look for shares of GRT.PRG to trade 1.99% lower -- all else being equal -- when GRT.PRG shares open for trading on 12/27/13. On an annualized basis, the current yield is approximately 7.98%, which co...