In trading on Friday, shares of Sunstone Hotel Investors Inc's 6.450% Series F Cumulative Redeemable Preferred Stock (Symbol: SHO.PRF) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.6125), with shares changing hands as low as $22.73 on the day. This compares to an average yield of 7.92% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, SHO.PRF was trading at a 6.40% discount to its liquidation preference amount, versus the average premium of 32.05% in the "Real Estate" category.
Below is a dividend history chart for SHO.PRF, showing historical dividend payments on Sunstone Hotel Investors Inc's 6.450% Series F Cumulative Redeemable Preferred Stock:
In Friday trading, Sunstone Hotel Investors Inc's 6.450% Series F Cumulative Redeemable Preferred Stock (Symbol: SHO.PRF) is currently down about 2.9% on the day, while the common shares (Symbol: SHO) are off about 2.9%.
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