Summit Hotel Properties' Series E Preferred Stock Shares Cross 6% Yield Mark
August 02, 2019 at 14:19 PM EDT
In trading on Friday, shares of Summit Hotel Properties Inc's 6.250% Series E Cumulative Redeemable Preferred Stock (INN. RE) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.5625), with shares changing hands as low as $25.72 on the day.