Pebblebrook Hotel Trust (NYSE:PEB – Get Free Report) declared a quarterly dividend on Friday, March 14th, NASDAQ Dividends reports. Shareholders 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 of this dividend is Monday, March 31st.
Pebblebrook Hotel Trust has increased its dividend by an average of 10.1% per year over the last three years. Pebblebrook Hotel Trust has a payout ratio of -10.3% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities 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 Trading Up 2.4 %
NYSE:PEB opened at $10.72 on Friday. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.78. The stock has a market capitalization of $1.28 billion, a PE ratio of -36.97, a price-to-earnings-growth ratio of 0.60 and a beta of 1.87. The firm’s 50 day moving average is $12.63 and its 200 day moving average is $13.02. Pebblebrook Hotel Trust has a 12 month low of $10.31 and a 12 month high of $16.19.
Analysts Set New Price Targets
Get Our Latest Stock Report on PEB
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 to Know About Investing in Penny Stocks
- 3 Stocks With High ROE and Market-Beating Growth Potential
- About the Markup Calculator
- Ignore Reports, Apple Won’t Install Starlink with iOS 18.3
- Stock Market Sectors: What Are They and How Many Are There?
- 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.