Cash Dividend On The Way From Duke Realty Series K Cumulative Redeemable Preferred Shares

On 11/12/14, Duke Realty Corp.'s 6.5% Series K Cumulative Redeemable Preferred Share (NYSE: DRE.PRK) will trade ex-dividend, for its quarterly dividend of $0.4062, payable on 11/28/14. As a percentage of DRE.PRK's recent share price of $25.38, this dividend works out to approximately 1.60%, so look for shares of DRE.PRK to trade 1.60% lower — all else being equal — when DRE.PRK shares open for trading on 11/12/14. On an annualized basis, the current yield is approximately 6.38%, which compar...