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Parkway Properties Inc. About To Put More Money In Your Pocket (PKY)

By Dividend Channel Staff, Thursday, December 6, 11:34 AM ET
Play Video: The Importance of Dividends

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On 12/10/12, Parkway Properties Inc. (NYSE:PKY) will trade ex-dividend, for its quarterly dividend of $0.1125, payable on 12/26/12. As a percentage of PKY's recent stock price of $13.35, this dividend works out to approximately 0.84%, so look for shares of Parkway Properties Inc. to trade 0.84% lower all else being equal when PKY shares open for trading on 12/10/12.

Below is a dividend history chart for PKY, showing historical dividends prior to the most recent $0.1125 declared by Parkway Properties Inc.:

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from PKY is likely to continue, and whether the current estimated yield of 3.37% on annualized basis is a reasonable expectation of annual yield going forward.

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In Thursday trading, Parkway Properties Inc. shares are currently down about 0.1% on the day.

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