Forbes -
9 Mar 2015 19:49

On 3/11/15, Omnicare Inc.'s Series B 4.00% Trust Preferred Income Equity Redeemable Securities (NYSE: OCR.PRB) will trade ex-dividend, for its quarterly dividend of $0.50, payable on 3/16/15. As a percentage of OCR.PRB's recent share price of $92.68, this dividend works out to approximately 0.54%, so look for shares of OCR.PRB to trade 0.54% lower — all else being equal — when OCR.PRB shares open for trading on 3/11/15. On an annualized basis, the current yield is approximately 2.16%, which ...
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