Sabra Health Care REIT Series A Cumulative Redeemable Preferred Stock Goes Ex-Dividend Soon

On 8/13/14, Sabra Health Care REIT Inc's 7.125% Series A Cumulative Redeemable Preferred Stock (NASD: SBRAP) will trade ex-dividend, for its quarterly dividend of $0.4453, payable on 8/29/14. As a percentage of SBRAP's recent share price of $26.44, this dividend works out to approximately 1.68%, so look for shares of SBRAP to trade 1.68% lower — all else being equal — when SBRAP shares open for trading on 8/13/14. On an annualized basis, the current yield is approximately 6.77%, which compar...