📊 Topic

Dividend Coverage

1 story · First covered Apr 12, 2026 · Latest Apr 12
Dividend Coverage Coverage
Pebblebrook's Preferred Shares at 20% Discount: The Math Is Interesting

Pebblebrook's Preferred Shares at 20% Discount: The Math Is Interesting

PEB's Series I preferred shares yield nearly 8% with 5.7x dividend coverage, trading at $20 against a $25 par value. The income story is real. The capital gain story requires assumptions I'd want to stress-test.