Summit Hotel Properties Series A Cumulative Redeemable Preferred Stock Yield Pushes Past 9%

In trading on Thursday, shares of Summit Hotel Properties Inc's 9.25% Series A Cumulative Redeemable Preferred Stock (INN. RA) were yielding above the 9% mark based on its quarterly dividend (annualized to $2.3125), with shares changing hands as low as $25.58 on the day.