Forbes -
10 Dec 2014 20:39

On 12/11/14, Callon Petroleum Co.'s 10.0% Series A Cumulative Preferred Stock (NYSE: CPE.PRA) will trade ex-dividend, for its quarterly dividend of $1.25, payable on 12/31/14. As a percentage of CPE.PRA's recent share price of $38.08, this dividend works out to approximately 3.28%, so look for shares of CPE.PRA to trade 3.28% lower — all else being equal — when CPE.PRA shares open for trading on 12/11/14. On an annualized basis, the current yield is approximately 12.65%, which compares to an...
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