On 12/27/13, Hospitality Properties Trust's 7.125% Series D Cumulative Redeemable Preferred Shares (HPT.PRD) will trade ex-dividend, for its quarterly dividend of $0.4453, payable on 1/15/14. As a percentage of HPT.PRD's recent share price of $23.48, this dividend works out to approximately 1.90%, so look for shares of HPT.PRD to trade 1.90% lower — all else being equal — when HPT.PRD shares open for trading on 12/27/13. On an annualized basis, the current yield is approximately 7.61%, which compares to an average yield of 7.82% in the "Real Estate" preferred stock category, according to Preferred Stock Channel.
Cash Dividend On The Way From Hospitality Properties Trust's Series D Cumulative Redeemable Preferred Shares
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.