LaSalle Hotel Properties ( LHO ) has announced an ex-dividend date of December 27, 2012 and a cash dividend payment of $0.2 per share scheduled for January 15, 2013. Shareholders who purchased LHO stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that LHO has paid the same dividend. At the current stock price of $25.85, the dividend yield is 3.09%.
The previous trading day's last sale of LHO was $25.85, representing a -15.13% decrease from the 52 week high of $30.46 and a 15.76% increase over the 52 week low of $22.33.
LHO is a part of the Consumer Services sector, which includes companies such as Simon Property Group, Inc. ( SPG ) and American Tower Corporation (REIT) ( AMT ). LHO's current earnings per share, an indicator of a company's profitability, is $.42. Zacks Investment Research reports LHO's forecasted earnings growth in 2012 as 30.51%, compared to an industry average of 3.4%.
For more information on the declaration, record and payment dates, visit the LHO Dividend History page.
Interested in gaining exposure to LHO through an Exchange Traded Fund [ETF]?
The following ETF(s) have LHO as a top-10 holding:
- PowerShares Exchange-Traded Fund Trust II PowerShares S&P Smal ( PSCF )
- iShares Small Cap 600/BARRA Value Index Fund ( IJS )
- SPDR S&P 600 Small Cap Value ETF (based on S&P SmallCap Value ( SLYV )
- iShares Russell 2000 Value Index Fund ( IWN ).
The top-performing ETF of this group is IJS with an increase of 8.96% over the last 100 days. PSCF has the highest percent weighting of LHO at 2.2%.