Forbes -
26 Dec 2014 20:40

On 12/29/14, 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 1/15/15. As a percentage of SHO.PRD's recent share price of $26.57, this dividend works out to approximately 1.88%, so look for shares of SHO.PRD to trade 1.88% lower — all else being equal — when SHO.PRD shares open for trading on 12/29/14. On an annualized basis, the current yield is approximately 7.53%, whic...
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