Summit Hotel Properties 6.25% Series E Cumulative Redeemable Preferred Stock

By: ,

Date Issued   11/02/2017

Shares Issued  6,400,000    Overallotment Shares  None

S&P Rating   NR   Moodys Rating   NR


Security Ticker Symbol   INN-E    OTC Grey Market  SMYYP

Market Traded ON   NYSE

Dividend Payment Paid on the last day of February, May, August and November beginning on 11/30/2017

Quarterly Dividend   .391  Annual Dividend   1.5625

Securities may be redeemed, at the issuers option, as early as 11/13/2022  the call price is $25 plus accrued dividends

Dividend Payment will NOT  be Qualified Distributions

Maturity Date   None


Company Investor Relations Page for Summit Hotels Properties


The offering Prospectus and Final Pricing Document Can be Found Here


Related Posts:

Tim McPartland

Connect with Tim McPartland

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.
Search Dividend Investor