Summit Hotel Properties Series D Cumulative Redeemable Preferred Stock About To Put More Money In Your Pocket
On 8/14/17, Summit Hotel Properties Inc's 6.45% Series D Cumulative Redeemable Preferred Stock (Symbol: INN.PRD) will trade ex-dividend, for its quarterly dividend of $0.4031, payable on 8/31/17. As a percentage of INN.PRD's recent share price of $25.90, this dividend works out to approximately 1.56%, so look for shares of INN.PRD to trade 1.56% lower - all else being equal - when INN.PRD shares open for trading on 8/14/17. On an annualized basis, the current yield is approximately 6.03%, which compares to an average yield of 6.93% in the "Real Estate" preferred stock category, according to Preferred Stock Channel . The chart below shows the one year performance of INN.PRD shares, versus INN:
Below is a dividend history chart for INN.PRD, showing historical dividends prior to the most recent $0.4031 on Summit Hotel Properties Inc's 6.45% Series D Cumulative Redeemable Preferred Stock :
In Thursday trading, Summit Hotel Properties Inc's 6.45% Series D Cumulative Redeemable Preferred Stock (Symbol: INN.PRD) is currently down about 3.1% on the day, while the common shares (Symbol: INN) are up about 1.3%.
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