On 3/27/14, 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 4/15/14. As a percentage of HPT.PRD's recent share price of $25.36, this dividend works out to approximately 1.76%, so look for shares of HPT.PRD to trade 1.76% lower — all else being equal — when HPT.PRD shares open for trading on 3/27/14. On an annualized basis, the current yield is approximately 7.01%, which compares to an average yield of 7.31% in the "Real Estate" preferred stock category, according to Preferred Stock Channel.
As of last close, HPT.PRD was trading at a 1.60% premium to its liquidation preference amount. The chart below shows the one year performance of HPT.PRD shares, versus HPT:
Below is a dividend history chart for HPT.PRD, showing historical dividends prior to the most recent $0.4453 on Hospitality Properties Trust's 7.125% Series D Cumulative Redeemable Preferred Shares:
According to the ETF Finder at ETF Channel, Hospitality Properties Trust (HPT) makes up 4.51% of the PowerShares KBW Premium Yield Equity REIT Portfolio ETF (KBWY) which is trading relatively unchanged on the day Tuesday.