LaSalle Hotel Properties (LHO) Ex-Dividend Date Scheduled for September 26, 2013


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LaSalle Hotel Properties ( LHO ) will begin trading ex-dividend on September 26, 2013. A cash dividend payment of $0.28 per share is scheduled to be paid on October 15, 2013. Shareholders who purchased LHO stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 40% increase over the prior quarter. At the current stock price of $28.39, the dividend yield is 3.95%.

The previous trading day's last sale of LHO was $28.39, representing a -5.49% decrease from the 52 week high of $30.04 and a 27.14% increase over the 52 week low of $22.33.

LHO is a part of the Consumer Services sector, which includes companies such as Simon Property Group, Inc. ( SPG ) and American Tower Corporation (REIT) ( AMT ). LHO's current earnings per share, an indicator of a company's profitability, is $.71. Zacks Investment Research reports LHO's forecasted earnings growth in 2013 as 7.49%, compared to an industry average of 8.6%.

For more information on the declaration, record and payment dates, visit the LHO Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.

Interested in gaining exposure to LHO through an Exchange Traded Fund [ETF]?
The following ETF(s) have LHO as a top-10 holding:

  • PowerShares Exchange-Traded Fund Trust II PowerShares S&P Smal ( PSCF )
  • Vanguard S&P Small-Cap 600 Value ETF ( VIOV )
  • iShares Small Cap 600/BARRA Value Index Fund ( IJS )
  • SPDR S&P 600 Small Cap Value ETF (based on S&P SmallCap Value ( SLYV ).

The top-performing ETF of this group is VIOV with an increase of 15.28% over the last 100 days. PSCF has the highest percent weighting of LHO at 1.95%.

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

This article appears in: News Headlines Stocks

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