In trading on Tuesday, shares of Summit Hotel Properties Inc's 7.125% Series C Cumulative Redeemable Preferred Stock (INN.PRC) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.7812), with shares changing hands as low as $25.00 on the day. This compares to an average yield of 7.39% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, INN.PRC was trading at a 2.00% premium to its liquidation preference amount, versus the average discount of 0.84% in the "Real Estate" category.The chart below shows the one year performance of INN.PRC shares, versus INN: Below is a dividend history chart for INN.PRC, showing historical dividend payments on Summit Hotel Properties Inc's 7.125% Series C Cumulative Redeemable Preferred Stock : In Tuesday trading, Summit Hotel Properties Inc's 7.125% Series C Cumulative Redeemable Preferred Stock ( INN.PRC) is currently up about 0.1% on the day, while the common shares ( INN - Get Report) are off about 0.5%.
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