Chatham Lodging Trust: The 8% Preferred Shares Are In Bargain Territory Again
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Chatham Lodging Trust's Series A preferred shares are considered a bargain due to strong dividend coverage and a robust balance sheet, yielding nearly 8%. The REIT's AFFO comfortably covers preferred dividends, ensuring financial stability.
February 01, 2025 | 5:00 pm
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Chatham Lodging Trust's Series A preferred shares are attractive due to strong dividend coverage and a robust balance sheet, yielding nearly 8%. The REIT's AFFO comfortably covers preferred dividends, ensuring financial stability.
The article highlights the attractiveness of Chatham Lodging Trust's Series A preferred shares due to their high yield and strong financial backing. The REIT's ability to cover dividends with AFFO and maintain a low LTV ratio suggests financial stability, likely boosting investor confidence and potentially driving up the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100