On 3/31/15, Health Care REIT Inc.'s 6.50% Series J Cumulative Redeemable Preferred Stock (Symbol: HCN.PRJ) will trade ex-dividend, for its quarterly dividend of $0.4062, payable on 4/15/15. As a percentage of HCN.PRJ's recent share price of $27.02, this dividend works out to approximately 1.50%, so look for shares of HCN.PRJ to trade 1.50% lower - all else being equal - when HCN.PRJ shares open for trading on 3/31/15. On an annualized basis, the current yield is approximately 6.06%, which compares to an average yield of 6.96% in the "Real Estate" preferred stock category, according to Preferred Stock Channel . The chart below shows the one year performance of HCN.PRJ shares, versus HCN:

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

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Health Care REIT Series J Cumulative Redeemable Preferred Stock Ex-Dividend Reminder