Stericycle Series A Mandatory Convertible Preferred Stock About To Put More Money In Your Pocket

On 5/30/17, 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 6/15/17. As a percentage of SRCLP's recent share price of $71.58, this dividend works out to approximately 1.83%, so look for shares of SRCLP to trade 1.83% lower all else being equal when SRCLP shares open for trading on 5/30/17..