Summit Hotel Properties (INN) Declares $0.1125 Quarterly Dividend; 5.5% Yield

Summit Hotel Properties (NYSE: INN) declared a quarterly dividend of $0.1125 per share, or $0.45 annualized.

The dividend will be payable on November 30, 2011, to stockholders of record on November 18, 2011, with an ex-dividend date of November 16, 2011.

The annual yield on the dividend is 5.5 percent.

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