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Summit Hotel Properties Inc Dividend Announcement

(NYSE:INN), www.shpreit.com

DIVIDEND ANNOUNCEMENT: Summit Hotel Properties Inc (NYSE:INN) on 10/26/2018 declared a dividend of $0.1800 per share

October 26, 2018

Summit Hotel Properties Inc (NYSE:INN) on 10/26/2018 declared a dividend of $ 0.1800 per share payable on November 30, 2018 to shareholders of record as of November 16, 2018.

Summit Hotel Properties Inc (NYSE:INN) has paid dividends since 2011, has a current dividend yield of 6.34% and has increased its dividends for 4 successive years.

Summit Hotel Properties Inc's market cap is $ 1,188,844,400 and has a PE ratio of 22.25. The stock price closed yesterday at $ 11.35 and has a 52 week low/high of $ 10.91 and $ 16.35.

Summit Hotel Properties is a real estate investment trust holding company and a self-managed hotel investment company. Co. focuses primarily on owning premium-branded, select-service hotels. At Dec 31 2016, Co.'s portfolio consisted of 81 hotels with a total of 10,957 guestrooms located in 23 states. 99.4% of Co.'s hotel guestrooms operate under franchise brands owned by Marriott® International, Inc., Hilton® Worldwide, Intercontinental® Hotel Group, and Hyatt® Hotels Corporation. Substantially all of Co.'s assets are held by, and all of its operations are conducted through its operating partnership, Summit Hotel OP, LP (the Operating Partnership), which Co. is the sole general partner.

For more information on Summit Hotel Properties Inc click here.

Summit Hotel Properties Inc current dividend information as per the date of this press release is:
Dividend Declaration Date: October 26, 2018
Dividend Ex Date: November 15, 2018
Dividend Record Date: November 16, 2018
Dividend Payment Date: November 30, 2018
Dividend Amount: $ 0.1800
 
 

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