On 12/27/13, 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 1/15/14. As a percentage of LHO.PRG's recent share price of $24.04, this dividend works out to approximately 1.88%, so look for shares of LHO.PRG to trade 1.88% lower — all else being equal — when LHO.PRG shares open for trading on 12/27/13. On an annualized basis, the current yield is approximately 7.46%, which compares to an average yield of 7.82% in the "Real Estate" preferred stock category, according to Preferred Stock Channel.
LaSalle Hotel Properties's Series G Cumulative Redeemable Preferred Shares of Beneficial Interest Ex-Dividend Reminder - 12/27/13
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