Strategic Hotels & Resorts Series B Preferred Stock Shares Cross 8% Yield Mark
September 11, 2014 at 14:15 PM EDT
In trading on Thursday, shares of Strategic Hotels & Resorts, Inc.'s 8.25% Series B Cumulative Redeemable Preferred Stock (BEE. RB) were yielding above the 8% mark based on its quarterly dividend (annualized to $2.0625), with shares changing hands as low as $25.55 on the day.
