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. This compares to an average yield of 8.43% in the "Real Estate" preferred stock category, according to Preferred Stock Channel . As of last close, CLDT.PRA was trading at a 21.28% discount to its liquidation preference amount, versus the average discount of 17.71% in the "Real Estate" category. The chart below shows the one year performance of CLDT.PRA shares, versus CLDT: Below is a dividend history chart for CLDT.