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.
Hospitality Properties Trust's 7.125% Series D Cumulative Redeemable Preferred Shares Ex-Dividend Reminder - 3/27/14
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