iStar Financial Series F Cumulative Redeemable Preferred Stock About To Put More Money In Your Pocket

On 11/26/14, iStar Financial Inc's 7.8% Series F Cumulative Redeemable Preferred Stock (NYSE: STAR.PRF) will trade ex-dividend, for its quarterly dividend of $0.4875, payable on 12/15/14. As a percentage of STAR.PRF's recent share price of $25.01, this dividend works out to approximately 1.95%, so look for shares of STAR.PRF to trade 1.95% lower — all else being equal — when STAR.PRF shares open for trading on 11/26/14. On an annualized basis, the current yield is approximately 7.77%, which ...