Looking at the universe of stocks we cover at Dividend Channel, on 3/30/23, Acadia Realty Trust (Symbol: AKR), Pebblebrook Hotel Trust (Symbol: PEB), and OFG Bancorp (Symbol: OFG) will all trade ex-dividend for their respective upcoming dividends. Acadia Realty Trust will pay its quarterly dividend of $0.18 on 4/14/23, Pebblebrook Hotel Trust will pay its quarterly dividend of $0.01 on 4/17/23, and OFG Bancorp will pay its quarterly dividend of $0.22 on 4/17/23.
As a percentage of AKR’s recent stock price of $13.20, this dividend works out to approximately 1.36%, so look for shares of Acadia Realty Trust to trade 1.36% lower — all else being equal — when AKR shares open for trading on 3/30/23. Similarly, investors should look for PEB to open 0.08% lower in price and for OFG to open 0.85% lower, all else being equal.
Below are dividend history charts for AKR, PEB, and OFG, showing historical dividends prior to the most recent ones declared.
Acadia Realty Trust (Symbol: AKR):
Pebblebrook Hotel Trust (Symbol: PEB):
OFG Bancorp (Symbol: OFG):
In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 5.45% for Acadia Realty Trust, 0.31% for Pebblebrook Hotel Trust, and 3.41% for OFG Bancorp.
In Tuesday trading, Acadia Realty Trust shares are currently off about 1.1%, Pebblebrook Hotel Trust shares are off about 1.4%, and OFG Bancorp shares are down about 0.1% on the day.
Also see:
Institutional Holders of EV
TIP Dividend History
PSMT YTD Return
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
