UBS Preferred Funding Trust IV Floating Rate Non-Cumulative Trust Preferred Securities About To Put More Money In Your Pocket

On 11/26/14, UBS AG's UBS Preferred Funding Trust IV Floating Rate Non-Cumulative Trust Preferred Securities (NYSE: UBS.PRD) will trade ex-dividend, for its monthly dividend of $0.0178, payable on 12/15/14. As a percentage of UBS.PRD's recent share price of $18.23, this dividend works out to approximately 0.10%. On an annualized basis, the current yield is approximately 1.16%, which compares to an average yield of 5.69% in the "Banking & Savings" preferred stock category, according to Preferred ...