Summit Hotel Properties' Series E Preferred Stock Shares Cross 7% Yield Mark
November 30, 2020 at 14:36 PM EST
In trading on Monday, shares of Summit Hotel Properties Inc's 6.250% Series E Cumulative Redeemable Preferred Stock (INN. RE) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.5625), with shares changing hands as low as $22.13 on the day.
