Summit Hotel Properties (INN) Raises Quarterly Dividend 12.8% to $0.1325; 4.6% Yield
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Summit Hotel Properties Increases Common Dividend And Declares First Quarter 2016 Dividends
April 29, 2016 4:30 PM EDTAUSTIN, Texas, April 29, 2016 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) ("the Company") announced today that its Board of Directors has authorized, and the Company has declared, a cash dividend for the first quarter ended March 31, 2016, of $0.1325 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 Company's first quarter common dividend represents an increase of $0.015 per share, or 12.8 percent, over the prior quarter's cash... More
