Looking at the universe of stocks we cover at Dividend Channel, on 6/29/21, W.P. Carey Inc (Symbol: WPC), Corporate Office Properties Trust (Symbol: OFC), and Pebblebrook Hotel Trust (Symbol: PEB) will all trade ex-dividend for their respective upcoming dividends. W.P. Carey Inc will pay its quarterly dividend of $1.05 on 7/15/21, Corporate Office Properties Trust will pay its quarterly dividend of $0.275 on 7/15/21, and Pebblebrook Hotel Trust will pay its quarterly dividend of $0.01 on 7/15/21. As a percentage of WPC's recent stock price of $77.26, this dividend works out to approximately 1.36%, so look for shares of W.P. Carey Inc to trade 1.36% lower — all else being equal — when WPC shares open for trading on 6/29/21. Similarly, investors should look for OFC to open 0.97% lower in price and for PEB to open 0.04% lower, all else being equal.
Below are dividend history charts for WPC, OFC, and PEB, showing historical dividends prior to the most recent ones declared.
W.P. Carey Inc (Symbol: WPC):
Corporate Office Properties Trust (Symbol: OFC):
Pebblebrook Hotel Trust (Symbol: PEB):
In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 5.44% for W.P. Carey Inc, 3.90% for Corporate Office Properties Trust, and 0.17% for Pebblebrook Hotel Trust.
In Friday trading, W.P. Carey Inc shares are currently trading flat, Corporate Office Properties Trust shares are up about 0.1%, and Pebblebrook Hotel Trust shares are up about 0.2% on the day.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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