Reminder - Gramercy Property Trust (GPT) Goes Ex-Dividend Soon

Looking at the universe of stocks we cover at Dividend Channel, on 9/26/14, Gramercy Property Trust Inc ( GPT) will trade ex-dividend, for its quarterly dividend of $0.035, payable on 10/15/14. As a percentage of GPT's recent stock price of $5.89, this dividend works out to approximately 0.59%, so look for shares of Gramercy Property Trust Inc to trade 0.59% lower — all else being equal — when GPT shares open for trading on 9/26/14.

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Below is a dividend history chart for GPT, showing historical dividends prior to the most recent $0.035 declared by Gramercy Property Trust Inc:

GPT+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 GPT is likely to continue, and whether the current estimated yield of 2.38% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of GPT shares, versus its 200 day moving average:

Gramercy Property Trust Inc 200 Day Moving Average Chart

Looking at the chart above, GPT's low point in its 52 week range is $3.98 per share, with $6.46 as the 52 week high point — that compares with a last trade of $5.91.

According to Preferred Stock Channel, there is are 2 series of preferred stock that are senior to GPT — find out what they are ».

In Wednesday trading, Gramercy Property Trust Inc shares are currently off about 0.2% on the day.

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