Summit Hotel Properties' Series D Cumulative Preferred Stock Shares Cross 6.5% Yield Mark

In trading on Thursday, shares of Summit Hotel Properties Inc's 6.45% Series D Cumulative Redeemable Preferred Stock (INN. RD) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $1.6125), with shares changing hands as low as $24.72 on the day.