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Ex-Div Reminder for Hospitality Properties Trust's Series D Cumulative Redeemable Preferred Shares

On 9/28/15, Hospitality Properties Trust's 7.125% Series D Cumulative Redeemable Preferred Shares (Symbol: HPT.PRD) will trade ex-dividend, for its quarterly dividend of $0.4453, payable on 10/15/15. As a percentage of HPT.PRD's recent share price of $26.43, this dividend works out to approximately 1.68%, so look for shares of HPT.PRD to trade 1.68% lower - all else being equal - when HPT.PRD shares open for trading on 9/28/15. On an annualized basis, the current yield is approximately 6.73%, which compares to an average yield of 7.11% in the "Real Estate" preferred stock category, according to Preferred Stock Channel . The chart below shows the one year performance of HPT.PRD shares, versus HPT:

Performance Comparison Chart

Below is a dividend history chart for HPT.PRD, showing historical dividends prior to the most recent $0.4453 on Hospitality Properties Trust's 7.125% Series D Cumulative Redeemable Preferred Shares:

HPT.PRD+Dividend+History+Chart

In Thursday trading, Hospitality Properties Trust's 7.125% Series D Cumulative Redeemable Preferred Shares (Symbol: HPT.PRD) is currently off about 0.1% on the day, while the common shares (Symbol: HPT) are off about 2.5%.

Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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