Markets
PSR

Hudson Pacific Properties Series B Cumulative Redeemable Preferred Stock Ex-Dividend Reminder

On 9/16/15, Hudson Pacific Properties Inc's 8.375% Series B Cumulative Redeemable Preferred Stock (Symbol: HPP.PRB) will trade ex-dividend, for its quarterly dividend of $0.5234, payable on 9/30/15. As a percentage of HPP.PRB's recent share price of $25.73, this dividend works out to approximately 2.03%, so look for shares of HPP.PRB to trade 2.03% lower - all else being equal - when HPP.PRB shares open for trading on 9/16/15. On an annualized basis, the current yield is approximately 8.14%, which compares to an average yield of 7.19% in the "Real Estate" preferred stock category, according to Preferred Stock Channel . The chart below shows the one year performance of HPP.PRB shares, versus HPP:

Performance Comparison Chart

Below is a dividend history chart for HPP.PRB, showing historical dividends prior to the most recent $0.5234 on Hudson Pacific Properties Inc's 8.375% Series B Cumulative Redeemable Preferred Stock:

HPP.PRB+Dividend+History+Chart

According to the ETF Finder at ETF Channel, Hudson Pacific Properties Inc (Symbol: HPP) makes up 2.28% of the PowerShares Active U.S. Real Estate Fund ETF ( PSR ) which is trading up by about 0.3% on the day Monday.

In Monday trading, Hudson Pacific Properties Inc's 8.375% Series B Cumulative Redeemable Preferred Stock (Symbol: HPP.PRB) is currently trading flat on the day, while the common shares (Symbol: HPP) are off about 0.6%.

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.

In This Story

PSR HPP

Other Topics

Investing

Latest Markets Videos