Ex-Div Reminder for Cyclacel Pharmaceuticals Convertible Exchangeable Preferred Stock
December 29, 2014 at 14:00 PM EST
On 12/31/14, Cyclacel Pharmaceuticals, Inc's 6% Convertible Exchangeable Preferred Stock (CYCCP) will trade ex-dividend, for its quarterly dividend of $0.15, payable on 2/2/15. As a percentage of CYCCP's recent share price of $5.90, this dividend works out to approximately 2.54%, so look for shares of CYCCP to trade 2.54% lower all else being equal when CYCCP shares open for trading on 12/31/14..