The $0.3984 payout matches prior quarters, offering a 7.87% forward yield for the 6.375% cumulative preferred shares.
Pebblebrook Hotel Trust’s 6.375% cumulative preferred Series G (PEB.PR.G) announced a $0.3984 per share quarterly dividend, unchanged from previous distributions. The payout equates to a 7.87% forward yield based on current pricing.
The dividend is payable July 15 to shareholders of record as of June 30, with an ex-dividend date also set for June 30. The company’s prior quarterly dividends for this series have remained consistent at the same level.
No immediate market reaction was disclosed in the announcement.