Summit Hotel Properties' Series D Preferred Stock Yield Pushes Past 7%
December 09, 2020 at 14:19 PM EST
In trading on Wednesday, shares of Summit Hotel Properties Inc's 6.45% Series D Cumulative Redeemable Preferred Stock (INN. RD) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.6125), with shares changing hands as low as $22.99 on the day.