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Pennsylvania Real Estate Investment Trust (PEI) Ex-Dividend Date Scheduled for November 27, 2013
By: NASDAQ.com News
Pennsylvania Real Estate Investment Trust ( PEI ) will begin trading ex-dividend on November 27, 2013. A cash dividend payment of $0.2 per share is scheduled to be paid on December 16, 2013. Shareholders who purchased PEI stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 11.11% increase over the prior quarter. At the current stock price of $17.87, the dividend yield is 4.48%.
The previous trading day's last sale of PEI was $17.87, representing a -20.72% decrease from the 52 week high of $22.54 and a 25.85% increase over the 52 week low of $14.20.
PEI is a part of the Consumer Services sector, which includes companies such as Simon Property Group, Inc. ( SPG ) and American Tower Corporation (REIT) ( AMT ). PEI's current earnings per share, an indicator of a company's profitability, is $.1. Zacks Investment Research reports PEI's forecasted earnings growth in 2013 as .18%, compared to an industry average of 8%.