Pebblebrook Hotel Trust's 6.50% Series C Cumulative Redeemable Preferred Shares Crosses Above 7% Yield Territory
April 24, 2014 at 14:58 PM EDT
In trading on Thursday, shares of Pebblebrook Hotel Trust's 6.50% Series C Cumulative Redeemable Preferred Shares (PEB. RC) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.625), with shares changing hands as low as $23.20 on the day.