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Ex-Div Reminder for Pebblebrook Hotel Trust's Series C Cumulative Redeemable Preferred Shares

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:

Performance Comparison Chart

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:

PEB.PRC+Dividend+History+Chart

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.

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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