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Ex-Dividend Reminder: SL Green Realty, Pebblebrook Hotel Trust and AvalonBay Communities


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Looking at the universe of stocks we cover at Dividend Channel , on 6/27/19, SL Green Realty Corp (Symbol: SLG), Pebblebrook Hotel Trust (Symbol: PEB), and AvalonBay Communities, Inc. (Symbol: AVB) will all trade ex-dividend for their respective upcoming dividends. SL Green Realty Corp will pay its quarterly dividend of $0.85 on 7/15/19, Pebblebrook Hotel Trust will pay its quarterly dividend of $0.38 on 7/15/19, and AvalonBay Communities, Inc. will pay its quarterly dividend of $1.52 on 7/15/19. As a percentage of SLG's recent stock price of $83.11, this dividend works out to approximately 1.02%, so look for shares of SL Green Realty Corp to trade 1.02% lower - all else being equal - when SLG shares open for trading on 6/27/19. Similarly, investors should look for PEB to open 1.38% lower in price and for AVB to open 0.73% lower, all else being equal.

Below are dividend history charts for SLG, PEB, and AVB, showing historical dividends prior to the most recent ones declared.

SL Green Realty Corp (Symbol: SLG) :

SLG+Dividend+History+Chart

Pebblebrook Hotel Trust (Symbol: PEB) :

PEB+Dividend+History+Chart

AvalonBay Communities, Inc. (Symbol: AVB) :

AVB+Dividend+History+Chart

In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recen t dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 4.09% for SL Green Realty Corp, 5.52% for Pebblebrook Hotel Trust, and 2.91% for AvalonBay Communities, Inc..

In Tuesday trading, SL Green Realty Corp shares are currently up about 0.2%, Pebblebrook Hotel Trust shares are up about 0.8%, and AvalonBay Communities, Inc. shares are up about 0.5% on the day.

Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen ยป



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: Investing , Stocks
Referenced Symbols: SLG , PEB , AVB



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