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Ex-Dividend Reminder: Select Income REIT, Franklin Street Properties and Senior Housing Properties Trust

Looking at the universe of stocks we cover at Dividend Channel , on 7/22/15, Select Income Real Estate Investment Trust (Symbol: SIR), Franklin Street Properties Corp (Symbol: FSP), and Senior Housing Properties Trust (Symbol: SNH) will all trade ex-dividend for their respective upcoming dividends. Select Income Real Estate Investment Trust will pay its quarterly dividend of $0.50 on 8/20/15, Franklin Street Properties Corp will pay its quarterly dividend of $0.19 on 8/13/15, and Senior Housing Properties Trust will pay its quarterly dividend of $0.39 on 8/20/15. As a percentage of SIR's recent stock price of $21.90, this dividend works out to approximately 2.28%, so look for shares of Select Income Real Estate Investment Trust to trade 2.28% lower - all else being equal - when SIR shares open for trading on 7/22/15. Similarly, investors should look for FSP to open 1.60% lower in price and for SNH to open 2.25% lower, all else being equal.

Below are dividend history charts for SIR, FSP, and SNH, showing historical dividends prior to the most recent ones declared. Select Income Real Estate Investment Trust (Symbol: SIR) :

SIR+Dividend+History+Chart

Franklin Street Properties Corp (Symbol: FSP) :

FSP+Dividend+History+Chart

Senior Housing Properties Trust (Symbol: SNH) :

SNH+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 9.13% for Select Income Real Estate Investment Trust, 6.41% for Franklin Street Properties Corp, and 9.00% for Senior Housing Properties Trust. In Monday trading, Select Income Real Estate Investment Trust shares are currently off about 0.7%, Franklin Street Properties Corp shares are trading flat, and Senior Housing Properties Trust shares are down about 0.8% 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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