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Ex-Dividend Reminder: Essex Property Trust, IBERIABANK and Pebblebrook Hotel Trust

Looking at the universe of stocks we cover at Dividend Channel , on 12/28/16, Essex Property Trust Inc (Symbol: ESS), IBERIABANK Corp (Symbol: IBKC), and Pebblebrook Hotel Trust (Symbol: PEB) will all trade ex-dividend for their respective upcoming dividends. Essex Property Trust Inc will pay its quarterly dividend of $1.60 on 1/17/17, IBERIABANK Corp will pay its quarterly dividend of $0.36 on 1/27/17, and Pebblebrook Hotel Trust will pay its quarterly dividend of $0.38 on 1/17/17. As a percentage of ESS's recent stock price of $229.09, this dividend works out to approximately 0.70%, so look for shares of Essex Property Trust Inc to trade 0.70% lower - all else being equal - when ESS shares open for trading on 12/28/16. Similarly, investors should look for IBKC to open 0.41% lower in price and for PEB to open 1.26% lower, all else being equal.

Below are dividend history charts for ESS, IBKC, and PEB, showing historical dividends prior to the most recent ones declared.

Essex Property Trust Inc (Symbol: ESS) :

ESS+Dividend+History+Chart

IBERIABANK Corp (Symbol: IBKC) :

IBKC+Dividend+History+Chart

Pebblebrook Hotel Trust (Symbol: PEB) :

PEB+Dividend+History+Chart

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 recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 2.79% for Essex Property Trust Inc, 1.66% for IBERIABANK Corp, and 5.02% for Pebblebrook Hotel Trust.

In Tuesday trading, Essex Property Trust Inc shares are currently down about 0.7%, IBERIABANK Corp shares are up about 0.7%, and Pebblebrook Hotel Trust shares are up about 0.1% on the day.

Click here to learn which 25 S.A.F.E. dividend stocks 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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