General Finance's Series C Preferred Stock About To Put More Money In Your Pocket

On 7/28/14, General Finance Corp's 9.00% Series C Cumulative Redeemable Perpetual Preferred Stock (GFNCP) will trade ex-dividend, for its quarterly dividend of $2.30, payable on 7/31/14. As a percentage of GFNCP's recent share price of $107.75, this dividend works out to approximately 2.13%, so look for shares of GFNCP to trade 2.13% lower all else being equal when GFNCP shares open for trading on 7/28/14..