Pebblebrook Hotel's Series B Preferred Shares Crosses Above 7.5% Yield Territory
September 19, 2014 at 14:10 PM EDT
In trading on Friday, shares of Pebblebrook Hotel Trust's 8.00% Series B Cumulative Redeemable Preferred Shares (PEB. RB) were yielding above the 7.5% mark based on its quarterly dividend (annualized to $2.00), with shares changing hands as low as $26.48 on the day.