Summit Hotel Properties (INN) Declares $0.1175 Quarterly Dividend; 4.6% Yield

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Summit Hotel Properties Declares Fourth Quarter 2015 Dividends

January 29, 2016 4:31 PM EST

AUSTIN, Texas, Jan. 29, 2016 /PRNewswire/ --Summit Hotel Properties, Inc. (NYSE: INN) ("the Company") announced today that its Board of Directors has authorized, and the Company declared, a cash dividend for the fourth quarter ended December 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 Company's operating partnership. 

The Board of Directors also authorized, and the Company has declared, a cash dividend of $0.578125 per share of the Company's 9.25... More