On 12/28/16, Pebblebrook Hotel Trust's 6.50% Series C Cumulative Redeemable Preferred Shares (Symbol: PEB.PRC) will trade ex-dividend, for its quarterly dividend of $0.4062, payable on 1/17/17. As a percentage of PEB.PRC's recent share price of $24.89, this dividend works out to approximately 1.63%, so look for shares of PEB.PRC to trade 1.63% lower - all else being equal - when PEB.PRC shares open for trading on 12/28/16. On an annualized basis, the current yield is approximately 6.48%, which compares to an average yield of 7.08% in the "Real Estate" preferred stock category, according to Preferred Stock Channel . The chart below shows the one year performance of PEB.PRC shares, versus PEB:
Below is a dividend history chart for PEB.PRC, showing historical dividends prior to the most recent $0.4062 on Pebblebrook Hotel Trust's 6.50% Series C Cumulative Redeemable Preferred Shares:
In Tuesday trading, Pebblebrook Hotel Trust's 6.50% Series C Cumulative Redeemable Preferred Shares (Symbol: PEB.PRC) is currently off about 0.7% on the day, while the common shares (Symbol: PEB) are up about 0.2%.
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