Summit Hotel Properties (INN) Raises Quarterly Dividend 5.9% to $0.18; 4.9% Yield
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Summit Hotel Properties Increases Common Dividend By 6% And Declares Fourth Quarter 2017 Dividends
February 5, 2018 4:30 PM ESTAUSTIN, Texas, Feb. 5, 2018 /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 fourth quarter ended December 31, 2017, of $0.18 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 fourth quarter common dividend represents an increase of $0.01 per share, or 5.9 percent, over the prior quarter's common dividend and an annualized dividend yield of 4.7... More
