Shares of Pebblebrook Hotel Trust’s 6.375% Series I Cumulative Redeemable Preferred Shares (Symbol: PEB.PRE) were yielding above 8%, with a quarterly dividend of $1.5938. PEB.PRE traded at $19.80, a 20.00% discount to its liquidation preference amount. In trading, PEB.PRE was down 1% while common shares (Symbol: PEB) were up 0.9%. The average yield in the “Real Estate” preferred stock category was 7.77%, with an average discount of 11.53%. Visit Preferred Stock Channel for more information and to find the 50 highest yielding preferred stocks.

Read more at Nasdaq: Pebblebrook Hotel Trust’s Series I Preferred Shares Cross 8% Yield Mark