Pebblebrook Hotel Trust's Series C Cumulative Redeemable Preferred Shares Goes Ex-Dividend Soon

On 6/26/15, Pebblebrook Hotel Trust's 6.50% Series C Cumulative Redeemable Preferred Shares ( PEB.PRC) will trade ex-dividend, for its quarterly dividend of $0.4062, payable on 7/15/15. As a percentage of PEB.PRC's recent share price of $25.74, this dividend works out to approximately 1.58%, so look for shares of PEB.PRC to trade 1.58% lower — all else being equal — when PEB.PRC shares open for trading on 6/26/15. On an annualized basis, the current yield is approximately 6.33%, which compares to an average yield of 7.07% in the "Real Estate" preferred stock category, according to Preferred Stock Channel.

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As of last close, PEB.PRC was trading at a 2.64% premium to its liquidation preference amount, versus the average premium of 2.30% in the "Real Estate" category. The chart below shows the one year performance of PEB.PRC shares, versus PEB:

Performance Comparison Chart

Below is a dividend history chart for PEB.PRC, showing historical dividends prior to the most recent $0.4062 on Pebblebrook Hotel Trust's 6.50% Series C Cumulative Redeemable Preferred Shares:

PEB.PRC+Dividend+History+Chart

According to the ETF Finder at ETF Channel, Pebblebrook Hotel Trust ( PEB) makes up 1.78% of the PowerShares Active U.S. Real Estate Fund ETF (PSR) which is trading relatively unchanged on the day Wednesday.

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