Summit Hotel Properties 9.25% Cumulative, Redeemable Preferred Stock
By: Tim McPartland,
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
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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.
