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Sunstone Hotel Investors Reports EPS Beat and Declares $0.09 Dividend

Sunstone Hotel Investors logoSunstone Hotel Investors
Sig1.80Sen+2.60Env0.00Soc0.00Gov0.00

Bank of America increased its stake in Sunstone Hotel Investors to 10,099,538 shares, with Legal & General also adding shares and HSBC starting a new position, per recent filings. Sunstone reported quarterly EPS of $0.14, beating consensus, and set a $0.09 per-share dividend for stockholders of record on Sept. 30, with a dividend payout ratio of 163.64%.

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