Cash Dividend On The Way From Lexington Realty Trust's Series C Cumulative Convertible Preferred Stock

On 10/29/14, Lexington Realty Trust's 6.50% Series C Cumulative Convertible Preferred Stock (NYSE: LXP.PRC) will trade ex-dividend, for its quarterly dividend of $0.8125, payable on 11/17/14. As a percentage of LXP.PRC's recent share price of $48.00, this dividend works out to approximately 1.69%, so look for shares of LXP.PRC to trade 1.69% lower — all else being equal — when LXP.PRC shares open for trading on 10/29/14. On an annualized basis, the current yield is approximately 6.67%, which...