Pebblebrook Hotel Stock To Go Ex-dividend Tomorrow (PEB)

NEW YORK ( TheStreet) -- The ex-dividend date for Pebblebrook Hotel (NYSE: PEB) is tomorrow, March 28, 2012. Owners of shares as of market close today will be eligible for a dividend of 12 cents per share. At a price of $23.26 as of 9:30 a.m. ET, the dividend yield is 2.1%.

The average volume for Pebblebrook Hotel has been 304,200 shares per day over the past 30 days. Pebblebrook Hotel has a market cap of $1.1 billion and is part of the financial sector and real estate industry. Shares are up 21% year to date as of the close of trading on Monday.

Pebblebrook Hotel Trust, through Pebblebrook Hotel, L.P., operates as a real estate investment trust. The company acquires and invests primarily in hotel properties located in the United States. The company has a P/E ratio of 286.8, above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Pebblebrook Hotel as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, compelling growth in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Pebblebrook Hotel Ratings Report.

See our dividend calendar or top-yielding stocks list.
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