Forbes -
26 Aug 2014 19:39

On 8/28/14, iStar Financial Inc's 7.8% Series F Cumulative Redeemable Preferred Stock (NYSE: STAR.PRF) will trade ex-dividend, for its quarterly dividend of $0.4875, payable on 9/15/14. As a percentage of STAR.PRF's recent share price of $24.98, this dividend works out to approximately 1.95%, so look for shares of STAR.PRF to trade 1.95% lower — all else being equal — when STAR.PRF shares open for trading on 8/28/14. On an annualized basis, the current yield is approximately 7.79%, which com...
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