Pebblebrook Hotel Trust's Series J Preferred Shares Cross 7% Yield Mark
September 18, 2024 at 14:29 PM EDT
In trading on Wednesday, shares of Pebblebrook Hotel Trust's 6.30% Series J Cumulative Redeemable Preferred Shares6.3% Series J Cumulative Redeemable Preferred Shares (PEB. RF) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.575), with shares changing hands as low as $22.29 on the day.