Forbes -
26 Dec 2012 20:59

On 12/27/12, Sunstone Hotel Investors Inc's 8.0% Series D Cumulative Redeemable Preferred Stock (NYSE: SHO.PRD) will trade ex-dividend, for its quarterly dividend of $0.50, payable on 1/15/13. As a percentage of SHO.PRD's recent share price of $26.13, this dividend works out to approximately 1.91%, so look for shares of SHO.PRD to trade 1.91% lower — all else being equal — when SHO.PRD shares open for trading on 12/27/12. On an annualized basis, the current yield is approximately 7...
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