Gramercy Property Trust Inc. ( GPT ) will begin trading ex-dividend on December 14, 2015. A cash dividend payment of $0.18413 per share is scheduled to be paid on December 22, 2015. Shareholders who purchased GPT prior to the ex-dividend date are eligible for the cash dividend payment. This represents an -16.3% decrease from the prior quarter. At the current stock price of $23.09, the dividend yield is 3.19%.
The previous trading day's last sale of GPT was $23.09, representing a -23.2% decrease from the 52 week high of $30.07 and a 15.16% increase over the 52 week low of $20.05.
GPT is a part of the Consumer Services sector, which includes companies such as Simon Property Group, Inc. ( SPG ) and Public Storage ( PSA ). GPT's current earnings per share, an indicator of a company's profitability, is -$.25. Zacks Investment Research reports GPT's forecasted earnings growth in 2015 as 70.69%, compared to an industry average of 8.3%.