Summit Hotel Properties Announces Third Quarter 2026 Dividends
Summit Hotel Properties, Inc. (NYSE: INN) has declared a third-quarter cash dividend of $0.08 per share of common stock and per common unit of its operating partnership. Based on the closing price as of October 26, 2026, this represents an annualized dividend yield of 4.6 percent. The company also authorized dividends for various preferred stock classes, including $0.390625 per share for the 6.25% Series E Cumulative Redeemable Preferred Stock and $0.3671875 per share for the 5.875% Series F Cumulative Redeemable Preferred Stock. Additionally, distributions of $0.328125 per unit were declared for the operating partnership's 5.25% Series Z Cumulative Perpetual Preferred Units. All dividends are scheduled to be payable on November 30, 2026, to shareholders of record as of November 16, 2026.
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Topics: cash distribution dividend declaration real estate investment trust