LaSalle Hotel Properties's 6.375% Series I Cumulative Redeemable Preferred Shares Cross 7% Yield Mark

In trading on Thursday, shares of LaSalle Hotel Properties's 6.375% Series I Cumulative Redeemable Preferred Shares (LHO. RI) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.5938), with shares changing hands as low as $22.74 on the day.