Forbes -
26 Dec 2012 20:58

On 12/27/12, Sunstone Hotel Investors Inc's 8.0% Series A Cumulative Redeemable Preferred Stock (NYSE: SHO.PRA) will trade ex-dividend, for its quarterly dividend of $0.50, payable on 1/15/13. As a percentage of SHO.PRA's recent share price of $25.10, this dividend works out to approximately 1.99%, so look for shares of SHO.PRA to trade 1.99% lower — all else being equal — when SHO.PRA shares open for trading on 12/27/12. On an annualized basis, the current yield is approximately 7...
Share this Article