Goldman Sachs Group Non-Cumulative Preferred Stock, Series B About To Put More Money In Your Pocket

On 1/22/14, Goldman Sachs Group Incorporated's 6.20% Non-Cumulative Preferred Stock, Series B (NYSE: GS.PRB) will trade ex-dividend, for its quarterly dividend of $0.3875, payable on 2/10/14. As a percentage of GS.PRB's recent share price of $23.90, this dividend works out to approximately 1.62%, so look for shares of GS.PRB to trade 1.62% lower -- all else being equal -- when GS.PRB shares open for trading on 1/22/14. On an annualized basis, the current yield is approximately 6.53%, which compa...