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Sunstone Hotel to pay higher Q4 dividend

Sunstone Hotel Investors Inc. declared a fourth-quarter cash dividend of 58 cents per share, reflecting a 4.4% annual yield based on the company's Dec. 8 closing stock price.

The amount will be paid Jan. 16, 2018, to holders of record as of Dec. 31.

The company paid a dividend of 50 cents per share in the first three quarters.