Pennsylvania Real Estate Investment Trust (PEI) will begin trading ex-dividend on November 29, 2019. A cash dividend payment of $0.21 per share is scheduled to be paid on December 16, 2019. Shareholders who purchased PEI prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 20th quarter that PEI has paid the same dividend. At the current stock price of $5.79, the dividend yield is 14.51%.
The previous trading day's last sale of PEI was $5.79, representing a -32.36% decrease from the 52 week high of $8.56 and a 33.41% increase over the 52 week low of $4.34.
PEI is a part of the Consumer Services sector, which includes companies such as American Tower Corporation (REIT) (AMT) and Prologis, Inc. (PLD). PEI's current earnings per share, an indicator of a company's profitability, is -$1.48. Zacks Investment Research reports PEI's forecasted earnings growth in 2019 as -28.57%, compared to an industry average of -3.8%.
Interested in gaining exposure to PEI through an Exchange Traded Fund [ETF]?
The following ETF(s) have PEI as a top-10 holding:
- Invesco KBW Premium Yield Equity REIT ETF (KBWY).
The top-performing ETF of this group is KBWY with an increase of 1.77% over the last 100 days.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.