Preferred Stock Channel
Duke Realty Corp | 8.375% Series O Cumulative Redeemable Preferred Share (DRE.PRO)

This preferred is marked as having been called.
Prospectus excerpt:  We are a self-administered and self-managed real estate investment trust, or "REIT." We are offering and selling our depositary shares, each of which represents a 1/10th interest in a 8.375% Series O Cumulative Redeemable Preferred Share, or a "Series O Preferred Share," which we have deposited with American Stock Transfer & Trust Company, as depositary. We will receive the proceeds from the sale of the depositary shares. As a holder of a depositary share, you will be entitled to proportional rights and preferences as if you held 1/10th of a Series O Preferred Share.

Distributions on the Series O Preferred Shares represented by the depositary shares will be cumulative from the date of original issue and payable quarterly, beginning on or about March 31, 2008, at the rate of 8.375% of the liquidation preference per annum, or $20.9375 per Series O Preferred Share (equal to $2.09375 per annum per depositary share).

The Series O Preferred Shares and the depositary shares representing the Series O Preferred Shares are not redeemable until February 22, 2013, after which date we may redeem such shares at a redemption price of $250.00 per Series O Preferred Share (equal to $25.00 per depositary share), plus any accrued and unpaid dividends through the date of redemption. The Series O Preferred Shares have no maturity date and will remain outstanding indefinitely unless redeemed.

Full Prospectus PDF », DRE Page »

Series:O
Alternate symbology:DRE-O, DRE-PO, DREprO
Redeemable?:Yes
Call Date:2/22/2013 (Now Trading Post Call Date)
Perpetual?:Yes
Cumulative?:Yes
Shares Offered:11,000,000
Overallotment:1,650,000
Liquidation Preference:$25
Original Coupon:8.38%
Pay Period:Quarterly
Pay Dates:31-Mar, 30-Jun, 30-Sep, 31-Dec
Duke Realty is a self-administered and self-managed real estate investment trust and is the sole general partner of Duke Realty Limited Partnership and its consolidated subsidiaries. Co. and Partnership focuses on the ownership, management and development of bulk distribution (industrial) real estate. Co. has two reportable operating segments. The first consisting of the ownership and rental of industrial real estate investments. Co.'s second reportable segment consists of various real estate services such as property management, asset management, maintenance, leasing, development, general contracting and construction management to third-party property owners and joint ventures.

Preferreds: DRE.PRJ, DRE.PRK, DRE.PRL, DRE.PRO


Open the DRE Information Page »
Name:  Duke Realty Corp
Website:  www.dukerealty.com
Sector:  REITs
Number of ETFs Holding DRE:  95 (see which ones)
Total Market Value Held by ETFs:  $2,807,987,135
Total Market Capitalization:  $15,201,000,000
% of Market Cap. Held by ETFs:  18.47%

Top Ten Highest Yielding Preferred Stocks
Feel-Good Income: Socially Responsible Preferreds
Dividend Channel's 25 S.A.F.E. Dividend Stocks
Increasing Payments For Decades

Safer than S.A.F.E: Preferreds of Dividend Channel's
S.A.F.E. Dividend Stocks

Recent Preferred Stock Offerings
Preferred Stocks of Dow Components
Preferred Stocks of S&P 500 Components
Preferred Stocks By Industry
Preferred Stocks Where Insiders Are Buying The Common
High Yield Preferred Stocks
Preferreds Trading At Premiums To Liquidation Preference
Preferreds Trading At Discounts To Liquidation Preference
The Top 10 DividendRank'ed U.S. Stocks
The Top 10 DividendRank'ed Canadian Stocks
Top 25 Broker Analyst Picks of the S&P 500
Stock market game
Quotes delayed 20 minutes

Duke Realty Corp | 8.375% Series O Cumulative Redeemable Preferred Share (DRE.PRO) Information Page | Preferred Stock Channel | www.PreferredStockChannel.com | Copyright © 2011 - 2021, All Rights Reserved

Nothing in Preferred Stock Channel is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and dividend videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact Preferred Stock Channel; Meet Our Editorial Staff.