Summit Hotel Properties (INN) Dividend Yield, Date & History

$6.06
+0.04 (+0.67%)
(As of 05/1/2024 ET)

Dividend Summary

Dividend Yield
3.96%
Annual Dividend
$0.24
Dividend Increase
Track Record
1 Year
Annualized 3-Year
Dividend Growth
32.57%
Dividend Payout Ratio
-88.89%
Recent
Dividend Payment
Feb. 29
Skip Charts & View Dividend History

Summit Hotel Properties vs. The Competition

TypeSummit Hotel PropertiesReal Estate CompaniesNYSE Companies
Annual Dividend$0.24$31.20$1.52
Dividend Yield3.96%756.78%353.06%
Annualized 3-Year Dividend Growth32.57%2,201.95%1,637.09%
Track Record1 year2 years9 years

Summit Hotel Properties Dividend Payout Ratio

TypePayout Ratio
Based on Trailing 12 Months of Earnings-88.89%
Based on This Year's Estimates28.57%
Based on Next Year's Estimates25.53%
Based on Cashflow17.88%

Summit Hotel Properties Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
1/25/2024Quarterly$0.063.56%2/14/20242/15/20242/29/2024
10/26/2023quarterly$0.064.5%11/15/202311/16/202311/30/2023
7/27/2023Quarterly$0.063.79%8/16/20238/17/20238/31/2023
4/27/2023Quarterly$0.063.73%5/16/20235/17/20235/31/2023
1/26/2023Quarterly$0.041.92%2/13/20232/14/20232/28/2023
10/28/2022Quarterly$0.041.85%11/15/202211/16/202211/30/2022
8/4/2022--$0.048/16/20228/17/20228/31/2022
1/31/2020Quarterly$0.186.41%2/13/20202/14/20202/28/2020
11/1/2019Quarterly$0.185.76%11/14/201911/15/201911/29/2019
7/29/2019Quarterly$0.186.22%8/15/20198/16/20198/30/2019
4/30/2019quarterly$0.186.2%5/16/20195/17/20195/31/2019
2/4/2019quarterly$0.186.38%2/13/20192/14/20192/28/2019
10/29/2018quarterly$0.186.23%11/15/201811/16/201811/30/2018
7/31/2018quarterly$0.185.09%8/15/20188/16/20188/31/2018
5/1/2018quarterly$0.184.95%5/15/20185/16/20185/31/2018
2/6/2018quarterly$0.184.92%2/15/20182/16/20182/28/2018
10/30/2017Quarterly$0.174.3%11/15/201711/16/201711/30/2017
7/31/2017quarterly$0.173.79%8/14/20178/16/20178/31/2017
5/1/2017quarterly$0.174.04%5/12/20175/16/20175/31/2017
1/25/2017quarterly$0.16254.03%2/10/20172/14/20172/28/2017
11/1/2016quarterly$0.16255.06%11/14/201611/16/201611/30/2016
8/1/2016quarterly$0.13253.76%8/12/20168/16/20168/31/2016
5/2/2016quarterly$0.13254.58%5/12/20165/16/20165/31/2016
2/1/2016quarterly$0.11754.75%2/11/20162/16/20162/29/2016
11/2/2015quarterly$0.11753.54%11/12/201511/16/201511/30/2015
7/31/2015quarterly$0.11753.45%8/12/20158/14/20158/31/2015
5/4/2015quarterly$0.11753.57%5/13/20155/15/20155/29/2015
2/2/2015quarterly$0.11753.73%2/11/20152/16/20152/27/2015
10/31/2014quarterly$0.11754%11/12/201411/14/201411/28/2014
8/1/2014quarterly$0.11754.46%8/13/20148/15/20148/29/2014
5/6/2014quarterly$0.11254.93%5/14/20145/16/20145/30/2014
1/30/2014quarterly$0.11255.05%2/12/20142/14/20142/28/2014
11/1/2013quarterly$0.11255.01%11/13/201311/15/201311/29/2013
8/1/2013quarterly$0.11254.54%8/14/20138/16/20138/31/2013
5/1/2013quarterly$0.11254.51%5/14/20135/16/20135/31/2013
1/31/2013quarterly$0.11254.78%2/11/20132/13/20132/28/2013
(Data available from 1/1/2013 forward)

Summit Hotel Properties Dividend - Frequently Asked Questions

What is Summit Hotel Properties's dividend yield?

The current dividend yield for Summit Hotel Properties is 3.99%. Learn more on INN's dividend yield history.

How much is Summit Hotel Properties's annual dividend?

The annual dividend for INN shares is $0.24. Learn more on INN's annual dividend history.

How often does Summit Hotel Properties pay dividends?

Summit Hotel Properties pays quarterly dividends to shareholders.

When was Summit Hotel Properties's most recent dividend payment?

Summit Hotel Properties's most recent quarterly dividend payment of $0.06 per share was made to shareholders on Thursday, February 29, 2024.

When was Summit Hotel Properties's most recent ex-dividend date?

Summit Hotel Properties's most recent ex-dividend date was Wednesday, February 14, 2024.

Is Summit Hotel Properties's dividend growing?

Over the past three years, the company's dividend has grown by an average of 32.57% per year.

What track record does Summit Hotel Properties have of raising its dividend?

Summit Hotel Properties has increased its dividend for 1 year.

When did Summit Hotel Properties last increase or decrease its dividend?

The most recent change in the company's dividend was an increase of $0.02 on Thursday, April 27, 2023.

What is Summit Hotel Properties's dividend payout ratio?
The dividend payout ratio for INN is:
  • -88.89% based on the trailing year of earnings
  • 28.57% based on this year's estimates
  • 25.53% based on next year's estimates
  • 18.01% based on cash flow
This page (NYSE:INN) was last updated on 5/1/2024 by MarketBeat.com Staff

From Our Partners