Credit: Shutterstock photoPennsylvania Real Estate Investment Trust ( PEI ) will begin trading ex-dividend on May 31, 2018. A cash dividend payment of $0.21 per share is scheduled to be paid on June 15, 2018. Shareholders who purchased PEI prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 14th quarter that PEI has paid the same dividend. At the current stock price of $11.03, the dividend yield is 7.62%.
The previous trading day's last sale of PEI was $11.03, representing a -15.28% decrease from the 52 week high of $13.02 and a 24.49% increase over the 52 week low of $8.86.
PEI is a part of the Consumer Services sector, which includes companies such as American Tower Corporation (REIT) ( AMT ) and Simon Property Group, Inc. ( SPG ). PEI's current earnings per share, an indicator of a company's profitability, is -$.94. Zacks Investment Research reports PEI's forecasted earnings growth in 2018 as -8.98%, compared to an industry average of -.6%.
For more information on the declaration, record and payment dates, visit the PEI Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
Interested in gaining exposure to PEI through an Exchange Traded Fund [ETF]?
The following ETF(s) have PEI as a top-10 holding:
- IQ US Real Estate Small Cap ETF ( ROOF ).
The top-performing ETF of this group is ROOF with an decrease of -1.7% over the last 100 days. It also has the highest percent weighting of PEI at 0.75%.
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.