Forbes -
10 Dec 2014 20:40

On 12/12/14, Capital Power Corp's Cumulative Rate Reset Preference Shares, Series 1 (Toronto: CPX-PRA) will trade ex-dividend, for its quarterly dividend of $0.2875, payable on 12/31/14. As a percentage of CPX.PRA's recent share price of $16.50, this dividend works out to approximately 1.74%, so look for shares of CPX.PRA to trade 1.74% lower — all else being equal — when CPX.PRA shares open for trading on 12/12/14. On an annualized basis, the current yield is approximately 7.05%.
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