Stericycle Series A Mandatory Convertible Preferred Stock Goes Ex-Dividend Soon

On 5/27/16, 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 6/15/16. As a percentage of SRCLP's recent share price of $80.48, this dividend works out to approximately 1.63%, so look for shares of SRCLP to trade 1.63% lower all else being equal when SRCLP shares open for trading on 5/27/16..