LaSalle Hotel Properties ( LHO ) will begin trading ex-dividend on September 28, 2015. A cash dividend payment of $0.45 per share is scheduled to be paid on October 15, 2015. Shareholders who purchased LHO prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 20% increase over the same period a year ago. At the current stock price of $28.98, the dividend yield is 6.21%.
The previous trading day's last sale of LHO was $28.98, representing a -33.47% decrease from the 52 week high of $43.56 and a 1.01% increase over the 52 week low of $28.69.
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 $1.64. Zacks Investment Research reports LHO's forecasted earnings growth in 2015 as 12.73%, compared to an industry average of 7.7%.
Interested in gaining exposure to LHO through an Exchange Traded Fund [ETF]?
The following ETF(s) have LHO as a top-10 holding:
The top-performing ETF of this group is IWN with an decrease of -9.35% over the last 100 days. It also has the highest percent weighting of LHO at 0.5%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.