In trading on Monday, shares of LaSalle Hotel Properties's 6.375% Series I Cumulative Redeemable Preferred Shares (NYSE: LHO.PRI) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.5938), with shares changing hands as low as $26.21 on the day. This compares to an average yield of 6.61% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, LHO.PRI was trading at a 7.60% premium to its liquidation preference amount, ve...
In trading on Monday, shares of LaSalle Hotel Properties's 6.375% Series I Cumulative Redeemable Preferred Shares (NYSE: LHO.PRI) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.5938), with shares changing hands as low as $26.21 on the day. This compares to an average yield of 6.61% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, LHO.PRI was trading at a 7.60% premium to its liquidation preference amount, ve...
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