Summit Hotel Properties (INN) Declares $0.1175 Quarterly Dividend; 3.6% Yield
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Summit Hotel Properties Declares First Quarter 2015 Dividends
April 30, 2015 4:58 PM EDTAUSTIN, Texas--(BUSINESS WIRE)-- Summit Hotel Properties (NYSE: INN) (the Company) announced today that its Board of Directors has authorized, and the Company declared, a cash dividend for the first quarter ended March 31, 2015 of $0.1175 per share of common stock of the Company and per common unit of limited partnership interest in Summit Hotel OP, LP, the Companys operating partnership.
The Board of Directors also authorized, and the Company has declared, a cash dividend of $0.578125 per share of the Companys 9.25 percent Series A Cumulative Redeemable Preferred Stock for the dividend period ending on May 29,... More
