INN-P-E: Summit Hotel Properties, Inc. 6.25% Series E Preferred Stock
Summit Hotel Properties, Inc.'s INN-P-E is an exchange-traded preferred stock in the REIT - Diversified sector.
At a recent price of $17.78, INN-P-E yields 8.79% on its $25 liquidation preference and 6.25% coupon.
It trades at a discount of 28.9% to par.
The issue is cumulative, perpetual (no stated maturity), callable on or after 2022-11-13.
Distributions are paid quarterly.
Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.