Chatham Lodging Trust's Series A Preferred Shares Yield Pushes Past 8.5%
In trading on Monday, shares of Chatham Lodging Trust's 6.625% Series A Cumulative Redeemable Preferred Shares (Symbol: CLDT.PRA) were yielding above the 8.5% mark based on its quarterly dividend (annualized to $1.6562), with shares changing hands as low as $19.30 on the day.
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