Pennsylvania Real Estate Investment Trust (PEI) Ex-Dividend Date Scheduled for May 31, 2019

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Pennsylvania Real Estate Investment Trust ( PEI ) will begin trading ex-dividend on May 31, 2019. A cash dividend payment of $0.21 per share is scheduled to be paid on June 17, 2019. Shareholders who purchased PEI prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 18th quarter that PEI has paid the same dividend. At the current stock price of $6.57, the dividend yield is 12.79%.

The previous trading day's last sale of PEI was $6.57, representing a -47.23% decrease from the 52 week high of $12.45 and a 20.33% increase over the 52 week low of $5.46.

PEI is a part of the Consumer Services sector, which includes companies such as American Tower Corporation (REIT) ( AMT ) and Crown Castle International Corporation ( CCI ). PEI's current earnings per share, an indicator of a company's profitability, is -$2.15. Zacks Investment Research reports PEI's forecasted earnings growth in 2019 as -19.35%, compared to an industry average of -2.9%.

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

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

  • Invesco KBW Premium Yield Equity REIT ETF ( KBWY ).

The top-performing ETF of this group is KBWY with an increase of 7.07% over the last 100 days. It also has the highest percent weighting of PEI at 6.06%.

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
Referenced Symbols: PEI , AMT , CCI , KBWY

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