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Hospitality Properties Trust's Series D Preferred Shares Crosses Above 7% Yield Territory

In trading on Monday, shares of Hospitality Properties Trust's 7.125% Series D Cumulative Redeemable Preferred Shares (Symbol: HPT.PRD) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.7812), with shares changing hands as low as $25.12 on the day. This compares to an average yield of 7.28% in the "Real Estate" preferred stock category, according to Preferred Stock Channel . As of last close, HPT.PRD was trading at a 3.20% premium to its liquidation preference amount, versus the average discount of 0.52% in the "Real Estate" category.

Performance Comparison Chart

Below is a dividend history chart for HPT.PRD, showing historical dividend payments on Hospitality Properties Trust's 7.125% Series D Cumulative Redeemable Preferred Shares:

HPT.PRD+Dividend+History+Chart

In Monday trading, Hospitality Properties Trust's 7.125% Series D Cumulative Redeemable Preferred Shares (Symbol: HPT.PRD) is currently off about 2.1% on the day, while the common shares (Symbol: HPT) are down about 1.3%.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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