Hospitality Properites Trust (NYSE:HPT) Updates On Quarterly Dividend


As per Hospitality Properites Trust (NYSE:HPT) statement on 2016-07-13, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.51 per share as dividend to stakeholders. The record date is set as 2016-07-22, the payout date as 2016-08-18 and the ex-dividend date is 2016-07-20.

Last fiscal Hospitality Properites Trust (NYSE:HPT) disbursed cash dividend of $0.51. A year ago, the payout was $0.51, which indicates a difference of 12.1679%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.51, implying 3.9743% growth.

For the period ended on 2015-12-31, Hospitality Properites Trust (NYSE:HPT)’s earnings came at $1.09 per share compared to EPS of $0.99 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-11-14. For this quarter, the analysts have earnings estimate of $1.04 per share.

The interim price target for Hospitality Properites Trust (NYSE:HPT) is set at $30.5. This level is the mean price reached by averaging the stock views of 4 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Hospitality Properites Trust (NYSE:HPT) is seen at $34 and the lowest level is established at $26. This broad range highlights a standard deviation of $3.415 in reported estimates.

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