Pebblebrook Hotel Trust (NYSE:PEB) Updates On Quarterly Dividend


As per Pebblebrook Hotel Trust (NYSE:PEB) statement on 2016-07-26, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.38 per share as dividend to stakeholders. The record date is set as 2016-06-30, the payout date as 2016-07-15 and the ex-dividend date is 2016-06-28.

Last fiscal Pebblebrook Hotel Trust (NYSE:PEB) disbursed cash dividend of $0.38. A year ago, the payout was $0.38, which indicates a difference of 34.7826%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.38, implying 59.5321% growth.

For the period ended on 2015-12-31, Pebblebrook Hotel Trust (NYSE:PEB)’s earnings came at $0.81 per share compared to EPS of $0.83 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-10-27. For this quarter, the analysts have earnings estimate of $0.77 per share.

The interim price target for Pebblebrook Hotel Trust (NYSE:PEB) is set at $28.187. This level is the mean price reached by averaging the stock views of 8 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Pebblebrook Hotel Trust (NYSE:PEB) is seen at $33 and the lowest level is established at $14. This broad range highlights a standard deviation of $6.391 in reported estimates.

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