Canadian Utilities Limited's Cumulative Redeemable Preferred Shares Series 1 Goes Ex-Dividend Soon

On 11/5/14, Canadian Utilities Limited's Cumulative Redeemable Preferred Shares Series 1 (Toronto: CIU-PRA) will trade ex-dividend, for its quarterly dividend of $0.2875, payable on 12/1/14. As a percentage of CIU.PRA's recent share price of $22.75, this dividend works out to approximately 1.26%, so look for shares of CIU.PRA to trade 1.26% lower — all else being equal — when CIU.PRA shares open for trading on 11/5/14. On an annualized basis, the current yield is approximately 4.98%.