Cash Dividend On The Way From Stericycle Series A Mandatory Convertible Preferred Stock
February 23, 2017 at 14:12 PM EST
On 2/27/17, Stericycle Inc.'s 5.25% Series A Mandatory Convertible Preferred Stock (SRCLP) will trade ex-dividend, for its quarterly dividend of $1.3125, payable on 3/15/17. As a percentage of SRCLP's recent share price of $72.32, this dividend works out to approximately 1.81%, so look for shares of SRCLP to trade 1.81% lower all else being equal when SRCLP shares open for trading on 2/27/17..