On 9/28/15, Pebblebrook Hotel Trust's 6.50% Series C Cumulative Redeemable Preferred Shares (Symbol: PEB.PRC) will trade ex-dividend, for its quarterly dividend of $0.4062, payable on 10/15/15. As a percentage of PEB.PRC's recent share price of $24.90, this dividend works out to approximately 1.63%, so look for shares of PEB.PRC to trade 1.63% lower - all else being equal - when PEB.PRC shares open for trading on 9/28/15. On an annualized basis, the current yield is approximately 6.50%, 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 PEB.PRC shares, versus PEB:
Below is a dividend history chart for PEB.PRC, showing historical dividends prior to the most recent $0.4062 on Pebblebrook Hotel Trust's 6.50% Series C Cumulative Redeemable Preferred Shares:
According to the ETF Finder at ETF Channel, Pebblebrook Hotel Trust (Symbol: PEB) makes up 1.38% of the SPDR Russell 2000 Low Volatility ETF ( SMLV ) which is trading relatively unchanged on the day Thursday.
In Thursday trading, Pebblebrook Hotel Trust's 6.50% Series C Cumulative Redeemable Preferred Shares (Symbol: PEB.PRC) is currently off about 0.4% on the day, while the common shares (Symbol: PEB) are trading flat.