Pebblebrook Hotel Trust's Series C Preferred Shares Cross 7% Yield Mark

In trading on Wednesday, shares of Pebblebrook Hotel Trust's 6.50% Series C Cumulative Redeemable Preferred Shares (PEB. RC) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.625), with shares changing hands as low as $23.18 on the day.