Summit Hotel Properties 6.25% Series E Cumulative Redeemable Preferred Stock
By: Tim McPartland,
Date Issued  11/02/2017
Shares Issued 6,400,000   Overallotment Shares  None
S&P Rating  NR   Moodys Rating  NR
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Security Ticker Symbol   INN-E  OTC Grey Market  SMYYP
Market Traded ONÂ Â Â 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
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Dividend Payment will NOT  be Qualified Distributions
Maturity Date  None
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Company Investor Relations Page for Summit Hotels Properties
The offering Prospectus and Final Pricing Document Can be Found Here