Cyclacel Pharmaceuticals 6% Convertible Exchangeable Preferred Stock About To Put More Money In Your Pocket
April 11, 2014 at 14:30 PM EDT
On 4/15/14, Cyclacel Pharmaceuticals, Inc's 6% Convertible Exchangeable Preferred Stock (CYCCP) will trade ex-dividend, for its quarterly dividend of $0.15, payable on 5/1/14. As a percentage of CYCCP's recent share price of $9.15, this dividend works out to approximately 1.64%, so look for shares of CYCCP to trade 1.64% lower all else being equal when CYCCP shares open for trading on 4/15/14..
