In trading on Friday, shares of Sunstone Hotel Investors Inc's 8.0% Series D Cumulative Redeemable Preferred Stock (NYSE: SHO.PRD) were yielding above the 7.5% mark based on its quarterly dividend (annualized to $2.00), with shares changing hands as low as $26.52 on the day. This compares to an average yield of 6.93% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, SHO.PRD was trading at a 7.04% premium to its liquidation preference amount, versus the average premium of 1.85% in the "Real Estate" category.
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The chart below shows the one year performance of SHO.PRD shares, versus SHO:
Below is a dividend history chart for SHO.PRD, showing historical dividend payments on Sunstone Hotel Investors Inc's 8.0% Series D Cumulative Redeemable Preferred Stock :
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In Friday trading, Sunstone Hotel Investors Inc's 8.0% Series D Cumulative Redeemable Preferred Stock (NYSE: SHO.PRD) is currently down about 0.9% on the day, while the common shares (NYSE: SHO) are up about 0.9%.
