On 9/27/13, LaSalle Hotel Properties's 7.25% Series G Cumulative Redeemable Preferred Shares of Beneficial Interest (LHO.PRG) will trade ex-dividend, for its quarterly dividend of $0.4531, payable on 10/15/13. As a percentage of LHO.PRG's recent share price of $24.57, this dividend works out to approximately 1.84%, so look for shares of LHO.PRG to trade 1.84% lower — all else being equal — when LHO.PRG shares open for trading on 9/27/13. On an annualized basis, the current yield is approximately 7.41%, which compares to an average yield of 7.50% in the "Real Estate" preferred stock category, according to Preferred Stock Channel.
LaSalle Hotel Properties's 7.25% Series G Cumulative Redeemable Preferred Shares Of Beneficial Interest About To Put More Money In Your Pocket
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