- December 17, 2020
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PEI Dividends News. If a stock is valued near, or slightly below the market average, research has shown that the market expects the stock’s dividend … Learn the reasons a company may significantly cut or eliminate their dividend payments to shareholders. These 2 High-Yield Dividend Stocks Might Have to Cut Their Payouts You need to see past a fat dividend yield to avoid getting burned. Here are two high-yield names to avoid right now -- … This was a 3 for 2 split, meaning for each 2 shares of PEI owned pre-split, the shareholder now owned 3 shares. In the third quarter, PREIT's same-store net operating income (NOI) fell 5.8% year over year, excluding lease termination revenue. PEI is producing more trailing twelve month cash flow than just 12.58% of US dividend stocks. Most notably, PREIT no longer expects to complete any major land sales this quarter. PEI has had ACCELERATING sales per … Recent bankruptcies (and the resulting vacancies and rent reductions) along with a handful of delayed store openings account for most of the rest. It is engaged in the … This ends an 18 year track record of annual dividend increases. Not surprisingly, investors have responded by dumping PREIT stock. Believe it or not, some dividend cuts are actually wildly bullish signals. PREIT's robust portfolio of carefully curated retail and lifestyle … Pennsylvania Real Estate Investment Trust Stock Performance, data by YCharts. S&P 500 3,824.68 (+0.55%) It is a general indication of the health of a dividend. This is why it happened. Dividend Safety Scores cut through the noise to assess how likely a company is to put its dividend on the chopping block. This is expected to give PREIT an additional $15 million a quarter and will take affect in the second quarter. Today PREIT also has major new tenants slated to open at five properties in the first half of 2020 as part of anchor replacement projects. This prediction for the PEI next dividend date is extrapolated from past data and therefore may or may not be useful as a future predictor depending on company-specific circumstances. As of mid-year, PREIT's management expected FFO to improve in Q4 due to new store openings. All rights reserved. : Suspended - Expected a dividend to be declared but dividend cut to 0p. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Date Amount Type Yield Change Decl. Date Rec. This sharp decline in NOI caused adjusted FFO to plunge 34% to $0.23 per share. PREIT also expects to reach sale agreements for at least some of the available land parcels at its malls in the Philadelphia and Washington, D.C. areas by the end of 2019. : Cancelled - Dividend declared but subsequently cancelled before dividend payment date. Thus, investors should take its 2020 projections -- which imply a rebound in adjusted FFO to around $1.40 per share -- with a grain of salt. Status; Cut - Dividend declared but dividend amount is reduced compared to previous payment. (It already has offers from 12 bidders.) Image source: PREIT. Status; Cut - Dividend declared but dividend amount is reduced compared to previous payment. Review PEI (XNYS) dividend yield and history, to decide if PEI is the best investment for you. I am a long term buy and hold investor who focuses on dividend growth stocks. Dividend Yield (TTM) is a widely used stock evaluation measure. As such, the next dividend date prediction is presented for informational purposes only as a research tool. 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