On 1/13/14, Transcontinental Inc's Cumulative 5-Year Rate Reset First Preferred Shares, Series D (Toronto: TCL-PRD) will trade ex-dividend, for its quarterly dividend of $0.4253, payable on 1/15/14. As a percentage of TCL.PRD's recent share price of $25.40, this dividend works out to approximately 1.67%, so look for shares of TCL.PRD to trade 1.67% lower -- all else being equal -- when TCL.PRD shares open for trading on 1/13/14. On an annualized basis, the current yield is approximately 6.63%.
Transcontinental Cumulative 5-Year Rate Reset First Preferred Shares, Series D Ex-Dividend Reminder
Forbes - 9 Jan 2014 20:34
On 1/13/14, Transcontinental Inc's Cumulative 5-Year Rate Reset First Preferred Shares, Series D (Toronto: TCL-PRD) will trade ex-dividend, for its quarterly dividend of $0.4253, payable on 1/15/14. As a percentage of TCL.PRD's recent share price of $25.40, this dividend works out to approximately 1.67%, so look for shares of TCL.PRD to trade 1.67% lower -- all else being equal -- when TCL.PRD shares open for trading on 1/13/14. On an annualized basis, the current yield is approximately 6.63%.
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