Pebblebrook Hotel Trust’s Series J Preferred Shares Cross 8.5% Yield Mark

From Nasdaq: 2025-03-24 15:06:00

Shares of Pebblebrook Hotel Trust’s 6.30% Series J Cumulative Redeemable Preferred Shares (PEB.PRF) were yielding above 8.5% in trading on Monday, with a quarterly dividend of $1.575. The stock traded as low as $18.50, at a 25.68% discount to its liquidation preference amount. PEB.PRF outperformed the average yield of 7.79% in the “Real Estate” preferred stock category. In Monday trading, PEB.PRF was up 0.8%, while common shares (PEB) were up 1.5%. This information is valuable for investors looking at preferred stock options in the real estate sector.



Read more at Nasdaq: Pebblebrook Hotel Trust’s Series J Preferred Shares Cross 8.5% Yield Mark