Looking at the universe of stocks we cover at Dividend Channel, on 6/26/15, RLJ Lodging Trust (NYSE: RLJ), CBL & Associates Properties, Inc. (NYSE: CBL), and Alexandria Real Estate Equities, Inc. (NYSE: ARE) will all trade ex-dividend for their respective upcoming dividends. RLJ Lodging Trust will pay its quarterly dividend of $0.33 on 7/15/15, CBL & Associates Properties, Inc. will pay its quarterly dividend of $0.265 on 7/16/15, and Alexandria Real Estate Equities, Inc. will pay its quarterly dividend of $0.77 on 7/15/15.
As a percentage of RLJ's recent stock price of $30.66, this dividend works out to approximately 1.08%, so look for shares of RLJ Lodging Trust to trade 1.08% lower — all else being equal — when RLJ shares open for trading on 6/26/15. Similarly, investors should look for CBL to open 1.59% lower in price and for ARE to open 0.84% lower, all else being equal.
Below are dividend history charts for RLJ, CBL, and ARE, showing historical dividends prior to the most recent ones declared.
RLJ Lodging Trust (NYSE: RLJ):
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 4.31% for RLJ Lodging Trust, 6.37% for CBL & Associates Properties, Inc., and 3.38% for Alexandria Real Estate Equities, Inc..
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In Wednesday trading, RLJ Lodging Trust shares are currently up about 0.8%, CBL & Associates Properties, Inc. shares are trading flat, and Alexandria Real Estate Equities, Inc. shares are down about 0.4% on the day.
