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) :


Pebblebrook Hotel Trust (Symbol: PEB) :


AvalonBay Communities, Inc. (Symbol: AVB) :


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.

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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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