Business
SUMMIT HOTEL PROPERTIES DECLARES FOURTH QUARTER 2025 DIVIDENDS
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, 2025, of $0.08 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 6.6 percent based on the closing pri
About this update from Summit Hotel Properties, Inc.
[{"type":"text","content":"AUSTIN, Texas, Jan. 22, 2026 /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, 2025, of $0.08 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 6.6 percent based on the closing price of shares of the common stock on January 21, 2026.","length":626,"tagName":"p"},{"type":"image","alt":"Summit Hotel Properties, Inc. Logo. (PRNewsFoto/Summit Hotel Properties, Inc.)","displaySize":"","headline":null,"caption":"Summit Hotel Properties, Inc. Logo. (PRNewsFoto/Summit Hotel Properties, Inc.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":96,"url":"https://media.zenfs.com/en/prnewswire.com/df9a284e7df74e68fbee557433681100"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/B5biRHvtxmKjoIPdE0JvYQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTE2OTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/df9a284e7df74e68fbee557433681100","width":400,"height":96}},"href":"https://mma.prnewswire.com/media/233320/summit_hotel_properties_inc___logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"The Board of Directors has also authorized, and the Company has declared, 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, 2026, and a cash dividend of $0.3671875 per share of the Company's 5.875% Series F Cumulative Redeemable Preferred Stock for the dividend period ending on February 28, 2026.","length":411,"tagName":"p"},{"type":"text","content":"Additionally, the Board of Directors has authorized a cash distribution, and the Company has declared on behalf of the operating partnership, distributions of $0.328125 per unit pertaining to the operating partnership's unregistered 5.25% Series Z Cumulative Perpetual Preferred Units for the distribution period ending on February 28, 2026.","length":345,"tagName":"p"},{"type":"text","content":"The dividends are payable on February 27, 2026, to holders of recor...