Ex-Div Reminder for Chesapeake Energy Corp.'s Cumulative Convertible Preferred Stock

On 8/28/14, Chesapeake Energy Corp.'s 4.50% Cumulative Convertible Preferred Stock (NYSE: CHK.PRD) will trade ex-dividend, for its quarterly dividend of $1.125, payable on 9/15/14. As a percentage of CHK.PRD's recent share price of $96.92, this dividend works out to approximately 1.16%, so look for shares of CHK.PRD to trade 1.16% lower — all else being equal — when CHK.PRD shares open for trading on 8/28/14. On an annualized basis, the current yield is approximately 4.65%, which compares to...