In trading on Thursday, shares of Summit Hotel Properties Inc's 7.875% Series B Cumulative Redeemable Preferred Stock (INN.PRB) were yielding above the 7.5% mark based on its quarterly dividend (annualized to $1.9688), with shares changing hands as low as $26.24 on the day. This compares to an average yield of 7.10% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, INN.PRB was trading at a 5.20% premium to its liquidation preference amount, versus the average premium of 1.60% in the "Real Estate" category.The chart below shows the one year performance of INN.PRB shares, versus INN: Below is a dividend history chart for INN.PRB, showing historical dividend payments on Summit Hotel Properties Inc's 7.875% Series B Cumulative Redeemable Preferred Stock: In Thursday trading, Summit Hotel Properties Inc's 7.875% Series B Cumulative Redeemable Preferred Stock ( INN.PRB) is currently up about 0.4% on the day, while the common shares ( INN - Get Report) are trading flat.
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