Pennsylvania Real Estate Investment Trust's Series A Cumulative Redeemable Perpetual Preferred Shares About To Put More Money In Your Pocket

On 8/28/14, Pennsylvania Real Estate Investment Trust's 8.25% Series A Cumulative Redeemable Perpetual Preferred Shares (NYSE: PEI.PRA) will trade ex-dividend, for its quarterly dividend of $0.5156, payable on 9/16/14. As a percentage of PEI.PRA's recent share price of $26.75, this dividend works out to approximately 1.93%, so look for shares of PEI.PRA to trade 1.93% lower — all else being equal — when PEI.PRA shares open for trading on 8/28/14. On an annualized basis, the current yield is ...