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home / news releases / INN - Summit Hotel Properties: The Preferred Shares Are Now Yielding 7.8%

INN - Summit Hotel Properties: The Preferred Shares Are Now Yielding 7.8%

Summit Hotel Properties Inc.
  • Summit Hotel Properties saw its performance continuously improve during Q1.
  • The REIT is digesting a large acquisition and hopefully this will boost the Q2 and Q3 earnings.
  • I like the preferred shares as the dividend coverage ratio and asset coverage ratio appear to be strong.

For further details see:

Summit Hotel Properties: The Preferred Shares Are Now Yielding 7.8%
Stock Information
Company Name: Summit Hotel Properties Inc.
Stock Symbol: INN
Market: NYSE
Website: shpreit.com
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