Summit Hotel Properties 9.25% Cumulative, Redeemable Preferred Stock

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S&P Rating   NR    Moodys Rating   NR

Security Ticker Symbol   INN-A

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Market Traded ON   NYSE

Dividend Payment Paid on the last day of February, May, August and November beginning on 11/30/2011

Quarterly Dividend   .578   Annual Dividend   2.313

Securities may be redeemed, at the issuers option, as early as 10/28/2016  the call price is $25 plus accrued dividends

Dividend Payment NOT will be Qualified Distributions (Preferred Stocks of REITs DO NOT pay Qualified Distributions)

Maturity Date   None

 

Company Investor Relations Page for Summit Hotels

Below you can find the offering Prospectus and/or 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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