Summit Hotel Properties (INN) Declares $0.18 Quarterly Dividend; 6.5% Yield

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Go back to Summit Hotel Properties (INN) Declares $0.18 Quarterly Dividend; 6.5% Yield

Summit Hotel Properties Declares Fourth Quarter 2018 Dividends

February 1, 2019 4:30 PM EST

AUSTIN, Texas, Feb. 1, 2019 /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, 2018, 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 annualized dividend yield of 6.4 percent based on the closing price of shares of the common stock on January 31, 2019.

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