PREF Dividend History & Yield Analysis

PREF has 60+ recorded dividend payments. Below is the full payout history with ex-dividend dates, pay dates, annual dividend totals and the current trailing and forward yield.

Yield & Payout Metrics

Dividend yield (TTM)
5.71%
Forward yield
6.08%
Dividend per share (TTM)
$1.07
Annualized rate
$1.14
Payout frequency
Monthly
Last payment
$0.0880
5-year dividend CAGR
-0.82%
Consecutive growth years
3

Yields calculated against a market price of $18.81.

Annual Dividend History

  • 2026$0.7550
  • 2025$0.9080
  • 2024$0.8570
  • 2023$0.8180
  • 2022$0.7890
  • 2021$0.8110
  • 2020$0.9464
  • 2019$0.9536
  • 2018$0.8994
  • 2017$0.3836

PREF Payout History & Ex-Dividend Dates

PREF dividend payments with ex-dividend date, pay date and amount per share
Ex-dividend datePay dateAmount / share
2026-08-172026-08-03$0.0880
2026-08-012026-07-01$0.0840
2026-07-012026-06-01$0.0840
2026-06-012026-05-01$0.0840
2026-05-012026-04-01$0.0840
2026-04-012026-03-02$0.0830
2026-03-012026-02-02$0.0810
2026-02-012025-12-29$0.0840
2026-01-012025-12-01$0.0830
2025-12-012025-11-03$0.0840
2025-11-012025-10-01$0.0800
2025-10-012025-09-02$0.0770
2025-09-012025-08-01$0.0780
2025-08-012025-07-01$0.0760
2025-07-012025-06-02$0.0740
2025-06-012025-05-01$0.0730
2025-05-012025-04-01$0.0710
2025-04-012025-03-03$0.0770
2025-03-012025-02-03$0.0730
2025-02-012024-12-27$0.0720
2025-01-012024-12-02$0.0730
2024-12-012024-11-01$0.0740
2024-11-012024-10-01$0.0730
2024-10-012024-09-03$0.0710
2024-09-012024-08-01$0.0720
2024-08-012024-07-01$0.0730
2024-07-012024-06-03$0.0730
2024-06-012024-05-01$0.0710
2024-05-012024-04-01$0.0700
2024-04-012024-03-01$0.0740
2024-03-012024-02-01$0.0700
2024-02-012023-12-27$0.0670
2024-01-012023-12-01$0.0690
2023-12-012023-11-01$0.0680
2023-11-012023-10-02$0.0720
2023-10-012023-09-01$0.0730
2023-09-012023-08-01$0.0700
2023-08-012023-07-03$0.0620
2023-07-012023-06-01$0.0660
2023-06-012023-05-01$0.0670
2023-05-012023-04-03$0.0630
2023-04-012023-03-01$0.0730
2023-03-012023-02-01$0.0700
2023-02-012022-12-28$0.0680
2023-01-012022-12-01$0.0660
2022-12-012022-11-01$0.0600
2022-11-012022-10-03$0.0680
2022-10-012022-09-01$0.0660
2022-09-012022-08-01$0.0670
2022-08-012022-07-01$0.0640
2022-07-012022-06-01$0.0670
2022-06-012022-05-02$0.0690
2022-05-012022-04-01$0.0670
2022-04-012022-03-01$0.0680
2022-03-012022-02-01$0.0630
2022-02-012021-12-29$0.0630
2022-01-012021-12-01$0.0670
2021-12-012021-11-01$0.0630
2021-11-012021-10-01$0.0660
2021-10-012021-09-01$0.0670

Does PREF pay dividends?

Yes. PREF pays on a monthly schedule, most recently $0.0880 per share with an ex-dividend date of 2026-08-17. To receive a payout you must own the shares before the ex-dividend date; buying on or after it means the previous holder collects that payment.

How the PREF yield is calculated

The trailing yield divides the last twelve months of dividends per share ($1.07) by the latest market price. The forward yield annualizes the most recent payment across 13 payments per year, which reacts faster after a dividend raise or cut. A rising yield is only good news when it comes from a growing payout rather than a falling share price — check the annual history above and the PREF DCF fair value page for the cash flow behind it.