LaSalle Hotel Properties 6.3% Series J Cumulative Redeemable Preferred Shares

By: ,

Date Issued   5/18/2016

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Shares Issued  6,000,000    Overallotment Shares  None

S&P Rating   NR   Moodys Rating   NR

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Security Ticker Symbol   LHO-J       OTC Temp Ticker   LSAHP

Market Traded ON   NYSE

Dividend Payment Paid on the 15th of January, April, July and October beginning on 7/15/2016

Quarterly Dividend   .469   Annual Dividend   1.575

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Securities may be redeemed, at the issuers option, as early as 5/25/2021  the call price is $25 plus accrued dividends

Dividend Payment NOT will be Qualified Distributions

Maturity Date   None

 

Company Investor Relations Page for LaSalle Hotel Properties

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Below you can find the offering Prospectus and Final Pricing Document

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Tim McPartland
Tim McPartland is a private investor with over 45 years of investing experience. His analysis, research and writing is devoted to the hunt for income producing securities of all types, but in particular specializing in preferred stocks, exchange traded debt and Master Limited Partnerships.
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