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DRH-A Diamondrock Hospitality Company 8.250% Series A Cumulative Preferred

We will pay cumulative dividends at a rate of 8.250% per annum of the $25.00 liquidation preference per share. Dividends will be payable quarterly in arrears on or about March 31, June 30, September 30 and December 31 of each year, beginning September 30, 2020. On or after August 31, 2025, we may, at our option, redeem the Series A Preferred Stock, in whole or in part, at any time or from time to time, for cash at a redemption price of $25.00 per share, plus all accrued and unpaid dividends on such Series A Preferred Stock up to, but excluding, the date of redemption.  This security was issued by DiamondRock Hospitality Company, whose common stock symbol is DRH.

$24.62  +0.11 (0.45%)
As of 03/24/2023 16:00:00 EST     IEX book   CBOE book

Security Information
Category1:  US Equity
Category2:  Preferred stocks
Category3:  Non-convertible
GICS sector:  Real Estate
Industry:  REIT—Hotel & Motel
Index country:  USA
Country of incorporation:  USA
IPO date:  09/03/2020
Outstanding shares:  4,400,000
Average volume:  1,486
Market cap:   $114,884,000
Current dividend yield:  7.90%    calculation
Coupon rate:    8.250%
Cumulative:    Yes
Liquidation value:   $25.00
Callable after:   08/31/2025
Maturity date:    n/a - perpetual
Prospectus:    Read on SEC.gov
All SEC filings:     SEC Edgar Online
Quarterly filings:   10-Q
Annual filings:      10-K

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