iCrowdNewswire Feb 9, 2021 11:44 AM ET
Summit Hotel Properties, Inc., announced today that its Board of Directors has authorized, and the Company has declared, a cash dividend of $0.403125 per share of the Company’s 6.45% Series D Cumulative Redeemable Preferred Stock for the dividend period ending on February 28, 2021, and a cash dividend of $0.390625 per share of the Company’s 6.25% Series E Cumulative Redeemable Preferred Stock for the dividend period ending on February 28, 2021.
The dividends are payable on February 26, 2021 to holders of record as of February 12, 2021.
About Summit Hotel Properties
Summit Hotel Properties, Inc. is a publicly-traded real estate investment trust focused on owning premium-branded hotels with efficient operating models primarily in the Upscale segment of the lodging industry. As of January 29, 2021, the Company’s portfolio consisted of 72 hotels, 67 of which were wholly-owned, with a total of 11,288 guestrooms located in 23 states.
For additional information, please visit the Company’s website, www.shpreit.com, and follow the Company on Twitter at @SummitHotel_INN.