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Chatham Lodging Trust's Series A Preferred Shares Yield Pushes Past 8%

In trading on Friday, shares of Chatham Lodging Trust's 6.625% Series A Cumulative Redeemable Preferred Shares (CLDT. RA) were yielding above the 8% mark based on its quarterly dividend (annualized to $1.6562), with shares changing hands as low as $20.53 on the day.

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Chatham Lodging Trust (REIT) (CLDT)