Cash Dividend On The Way From LaSalle Hotel Properties (LHO)

Looking at the universe of stocks we cover at Dividend Channel, on 6/26/13, LaSalle Hotel Properties (LHO) will trade ex-dividend, for its quarterly dividend of $0.20, payable on 7/15/13. As a percentage of LHO's recent stock price of $23.02, this dividend works out to approximately 0.87%, so look for shares of LaSalle Hotel Properties to trade 0.87% lower — all else being equal — when LHO shares open for trading on 6/26/13.

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Below is a dividend history chart for LHO, showing historical dividends prior to the most recent $0.20 declared by LaSalle Hotel Properties:

LHO+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from LHO is likely to continue, and whether the current estimated yield of 3.48% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of LHO shares, versus its 200 day moving average:

LaSalle Hotel Properties 200 Day Moving Average Chart

Looking at the chart above, LHO's low point in its 52 week range is $22.33 per share, with $30.01 as the 52 week high point — that compares with a last trade of $23.04.

According to the ETF Finder at ETF Channel, LHO makes up 1.85% of the S&P SmallCap Financials Portfolio ETF ( PSCF) which is trading lower by about 1.2% on the day Monday.

In Monday trading, LaSalle Hotel Properties shares are currently off about 2.5% on the day.

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