Sunstone Hotel Investors' Series E Preferred Stock Yield Pushes Past 7%

In trading on Friday, shares of Sunstone Hotel Investors Inc's 6.950% Series E Cumulative Redeemable Preferred Stock (SHO. RE) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.7375), with shares changing hands as low as $24.76 on the day.
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