LaSalle Hotel Properties' Series I Preferred Shares Cross 6.5% Yield Mark
December 19, 2016 at 15:50 PM EST
In trading on Monday, shares of LaSalle Hotel Properties's 6.375% Series I Cumulative Redeemable Preferred Shares (LHO. RI) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $1.5938), with shares changing hands as low as $24.49 on the day.