In trading on Wednesday, 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 $19.91 on the day. This compares to an average yield of 8.12% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, PEB.PRG was trading at a 19.72% discount to its liquidation preference amount, versus the average discount of 14.73% in the "Real Estate" category.
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:
In Wednesday trading, Pebblebrook Hotel Trust's 6.375% Series G Cumulative Redeemable Preferred Shares (Symbol: PEB.PRG) is currently down about 0.8% on the day, while the common shares (Symbol: PEB) are up about 1.7%.
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