Ex-Dividend Reminder: Pebblebrook Hotel Trust, Ryman Hospitality Properties and Annaly Capital Management

Looking at the universe of stocks we cover at Dividend Channel, on 6/28/24, Pebblebrook Hotel Trust (Symbol: PEB), Ryman Hospitality Properties Inc (Symbol: RHP), and Annaly Capital Management Inc (Symbol: NLY) will all trade ex-dividend for their respective upcoming dividends. Pebblebrook Hotel Trust will pay its quarterly dividend of $0.01 on 7/15/24, Ryman Hospitality Properties Inc will pay its quarterly dividend of $1.10 on 7/15/24, and Annaly Capital Management Inc will pay its quarterly dividend of $0.65 on 7/31/24.

As a percentage of PEB’s recent stock price of $13.56, this dividend works out to approximately 0.07%, so look for shares of Pebblebrook Hotel Trust to trade 0.07% lower — all else being equal — when PEB shares open for trading on 6/28/24. Similarly, investors should look for RHP to open 1.13% lower in price and for NLY to open 3.24% lower, all else being equal.

Below are dividend history charts for PEB, RHP, and NLY, showing historical dividends prior to the most recent ones declared.

Pebblebrook Hotel Trust (Symbol: PEB):

Ryman Hospitality Properties Inc (Symbol: RHP):

Annaly Capital Management Inc (Symbol: NLY):

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 0.29% for Pebblebrook Hotel Trust, 4.53% for Ryman Hospitality Properties Inc, and 12.97% for Annaly Capital Management Inc.

In Wednesday trading, Pebblebrook Hotel Trust shares are currently off about 1.9%, Ryman Hospitality Properties Inc shares are off about 1.4%, and Annaly Capital Management Inc shares are off about 0.6% on the day.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.