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Sunstone Hotel Investors Series D Cumulative Redeemable Preferred Stock Ex-Dividend Reminder

On 9/28/15, Sunstone Hotel Investors Inc's 8.0% Series D Cumulative Redeemable Preferred Stock (Symbol: SHO.PRD) will trade ex-dividend, for its quarterly dividend of $0.50, payable on 10/15/15. As a percentage of SHO.PRD's recent share price of $25.77, this dividend works out to approximately 1.94%, so look for shares of SHO.PRD to trade 1.94% lower - all else being equal - when SHO.PRD shares open for trading on 9/28/15. On an annualized basis, the current yield is approximately 7.77%, which compares to an average yield of 7.11% in the "Real Estate" preferred stock category, according to Preferred Stock Channel . The chart below shows the one year performance of SHO.PRD shares, versus SHO:

Performance Comparison Chart

Below is a dividend history chart for SHO.PRD, showing historical dividends prior to the most recent $0.50 on Sunstone Hotel Investors Inc's 8.0% Series D Cumulative Redeemable Preferred Stock :

SHO.PRD+Dividend+History+Chart
According to the ETF Finder at ETF Channel, Sunstone Hotel Investors Inc (Symbol: SHO) makes up 1.48% of the SPDR Russell 2000 Low Volatility ETF ( SMLV ) which is trading lower by about 0.5% on the day Thursday. In Thursday trading, Sunstone Hotel Investors Inc's 8.0% Series D Cumulative Redeemable Preferred Stock (Symbol: SHO.PRD) is currently trading flat on the day, while the common shares (Symbol: SHO) are down about 0.6%.

Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen »

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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