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Gramercy Property Trust Inc. (GPT) Ex-Dividend Date Scheduled for March 27, 2014
By: NASDAQ.com News
Gramercy Property Trust Inc. ( GPT ) will begin trading ex-dividend on March 27, 2014. A cash dividend payment of $0.035 per share is scheduled to be paid on April 15, 2014. Shareholders who purchased GPT stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an -94.44% decrease from the prior year. At the current stock price of $5.16, the dividend yield is 2.71%.
The previous trading day's last sale of GPT was $5.16, representing a -17.8% decrease from the 52 week high of $6.28 and a 30.3% increase over the 52 week low of $3.96.
GPT is a part of the Consumer Services sector, which includes companies such as Simon Property Group, Inc. ( SPG ) and American Tower Corporation (REIT) ( AMT ). GPT's current earnings per share, an indicator of a company's profitability, is $6.46. Zacks Investment Research reports GPT's forecasted earnings growth in 2014 as 233.33%, compared to an industry average of 8%.