DiamondRock Hospitality's Series A Preferred Stock Crosses Above 8.5% Yield Territory
4/4 20:08
In trading on Friday, shares of DiamondRock Hospitality Co.'s 8.25% Series A Cumulative Redeemable Preferred Stock (Symbol: DRH.PRA) were yielding above the 8.5% mark based on its quarterly dividend (annualized to $2.0625), with shares changing hands as low as $24.00 on the day....