DIVIDEND ANNOUNCEMENT: Summit Hotel Properties Inc (NYSE:INN) on 04/27/2023 declared a dividend of $0.0600 per share

Summit Hotel Properties Inc (NYSE:INN) on 04/27/2023 declared a dividend of $ 0.0600 per share payable on May 31, 2023 to shareholders of record as of May 17, 2023. Dividend amount recorded is an increase of $ 0.02 from last dividend Paid.

Summit Hotel Properties Inc (NYSE:INN) has paid dividends since 2011, has a current dividend yield of 3.8961038589% and has increased its dividends for 0 successive years.

Summit Hotel Properties Inc's market cap is $ 658,516,320 and has a PE ratio of 0.00. The stock price closed yesterday at $ 6.16 and has a 52 week low/high of $ 6.14 and $ 10.11.

Summit Hotel Properties is a holding company. Through its subsidiaries, Co. is a self-managed hotel investment company. 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). Through a wholly-owned subsidiary, Co. is the sole general partner of the Operating Partnership. Co. focuses on owning select-service hotels. Co.'s portfolio consists of hotels with guestrooms located in various states. All of Co.'s hotel guestrooms are operated under franchise brands owned by Marriott® International, Inc., Hilton® Worldwide, Hyatt® Hotels Corporation and InterContinental® Hotels Group.

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