Pebblebrook Hotel Trust (PEB) Declares $0.31 Quarterly Dividend; 2.7% Yield
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Pebblebrook Hotel Trust Declares Dividends for the First Quarter 2015 and Increases Common Dividend by 35%
March 16, 2015 7:00 AM EDTBETHESDA, Md.--(BUSINESS WIRE)-- Pebblebrook Hotel Trust (NYSE: PEB) (the Company) today announced that its Board of Trustees has authorized, and the Company has declared, a quarterly cash dividend of $0.31 per common share of beneficial interest, to be paid on April 15, 2015 to shareholders of record as of March 31, 2015 (the Record Date). The common dividend represents an annualized yield of approximately 2.7% based on the closing price of the common shares on March 13, 2015.
The Board of Trustees also authorized, and the Company has declared, a regular quarterly cash dividend of $0.4921875 per share of the Companys... More
