On 6/26/14, 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 7/15/14. As a percentage of HPT.PRD's recent share price of $26.09, this dividend works out to approximately 1.71%, so look for shares of HPT.PRD to trade 1.71% lower — all else being equal — when HPT.PRD shares open for trading on 6/26/14. On an annualized basis, the current yield is approximately 6.85%, which compares to an average yield of 6.82% in the "Real Estate" preferred stock category, according to Preferred Stock Channel.
Reminder: Hospitality Properties Trust's Series D Cumulative Redeemable Preferred Shares Goes Ex-Dividend Soon
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