PEB.PRG

Pebblebrook Hotel Trust's Series G Preferred Shares Crosses Above 8% Yield Territory

In trading on Tuesday, shares of Pebblebrook Hotel Trust's 6.375% Series G Cumulative Redeemable Preferred Shares (Symbol: PEB.PRG) were yielding above the 8% mark based on its quarterly dividend (annualized to $1.5938), with shares changing hands as low as $19.56 on the day. This compares to an average yield of 7.92% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, PEB.PRG was trading at a 18.92% discount to its liquidation preference amount, versus the average discount of 12.39% in the "Real Estate" category.

Performance Comparison Chart

Below is a dividend history chart for PEB.PRG, showing historical dividend payments on Pebblebrook Hotel Trust's 6.375% Series G Cumulative Redeemable Preferred Shares:

PEB.PRG+Dividend+History+Chart

In Tuesday trading, Pebblebrook Hotel Trust's 6.375% Series G Cumulative Redeemable Preferred Shares (Symbol: PEB.PRG) is currently down about 1.1% on the day, while the common shares (Symbol: PEB) are up about 0.7%.

Click here to find out the 50 highest yielding preferreds »

Also see:
• Cheap Smallcap Stocks
• TPB shares outstanding history
• VNTV Insider Buying

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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