Pebblebrook Hotel Trust (NYSE:PEB – Get Free Report) declared a quarterly dividend on Friday, March 14th, NASDAQ Dividends reports. Stockholders of record on Monday, March 31st will be given a dividend of 0.01 per share by the real estate investment trust on Tuesday, April 15th. This represents a $0.04 annualized dividend and a dividend yield of 0.37%. The ex-dividend date is Monday, March 31st.
Pebblebrook Hotel Trust has raised its dividend payment by an average of 10.1% annually over the last three years. Pebblebrook Hotel Trust has a payout ratio of -10.3% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Research analysts expect Pebblebrook Hotel Trust to earn $1.47 per share next year, which means the company should continue to be able to cover its $0.04 annual dividend with an expected future payout ratio of 2.7%.
Pebblebrook Hotel Trust Stock Up 2.4 %
PEB opened at $10.72 on Friday. The stock has a market cap of $1.28 billion, a PE ratio of -36.97, a P/E/G ratio of 0.60 and a beta of 1.87. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.78. Pebblebrook Hotel Trust has a 52 week low of $10.31 and a 52 week high of $16.19. The business’s fifty day simple moving average is $12.63 and its 200 day simple moving average is $13.02.
Analyst Upgrades and Downgrades
Read Our Latest Stock Report on Pebblebrook Hotel Trust
About Pebblebrook Hotel Trust
Pebblebrook Hotel Trust (NYSE: PEB) is a publicly traded real estate investment trust ("REIT") and the largest owner of urban and resort lifestyle hotels and resorts in the United States. The Company owns 47 hotels and resorts, totaling approximately 12,200 guest rooms across 13 urban and resort markets.
Featured Articles
- Five stocks we like better than Pebblebrook Hotel Trust
- What is the Hang Seng index?
- 3 Stocks With High ROE and Market-Beating Growth Potential
- How to Calculate Options Profits
- Ignore Reports, Apple Won’t Install Starlink with iOS 18.3
- Conference Calls and Individual Investors
- Casey’s Uptrend Remains Strong—New Highs on the Horizon
Receive News & Ratings for Pebblebrook Hotel Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pebblebrook Hotel Trust and related companies with MarketBeat.com's FREE daily email newsletter.