Summit Hotel Properties' Series E Preferred Stock Shares Cross 4% Yield Mark
May 26, 2020 at 14:05 PM EDT
In trading on Tuesday, shares of Summit Hotel Properties Inc's 6.250% Series E Cumulative Redeemable Preferred Stock (INN. RE) were yielding above the 4% mark based on its quarterly dividend (annualized to $1.5625), with shares changing hands as low as $16.77 on the day.