Overview
Description
Eagle Hospitality Properties Trust Inc. Preferred Stock represents a class of equity known for providing investors with priority claims on earnings and assets over common stockholders. The primary function of this preferred stock is to generate fixed dividend payments, offering a steady income stream to investors. This asset plays a crucial role in the hospitality industry, as Eagle Hospitality Properties Trust Inc. is engaged in owning and managing hotel properties. The preferred stock is significant in the financial market as it provides a more predictable return while still offering exposure to the real estate and hospitality sectors. Generally, preferred stockholders might not have voting rights, but they benefit from preferential treatment during profit distributions and any liquidation events. This makes it an appealing option for those seeking stability in dividend payments combined with a stake in the hotel real estate market. Furthermore, it also contributes to the company's capital structure by allowing Eagle Hospitality to finance operations and expansion with less volatility in dividend obligations compared to common stock dividends.
About
CEO
Employees
12
Address
100 East RiverCenter Boulevard
Suite 480
Covington, 41011-1563, KY
United States
Suite 480
Covington, 41011-1563, KY
United States
Phone
859 581 5900
Website
Instrument type
Preferred stock
Sector
Real Estate
Industry
REIT - Hotel & Motel
Country
United States
MIC code
PSGM