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

Summit Hotel Properties logo
$6.76 +0.11 (+1.65%)
As of 10:04 AM Eastern

Summit Hotel Properties Dividend Summary

Dividend Yield
4.73%
Annual Dividend
$0.32
Recent
Dividend Payment
Nov. 29
Dividend Payout Ratio
3,200.00%

Summit Hotel Properties (INN) pays an annual dividend of $0.32 per share, with a dividend yield of 4.73%. The next quarterly payment of $0.08 per share was paid on Friday, November 29, to investors who owned the stock before the ex-dividend date of Friday, November 15. The company currently pays out 3,200.00% of its earnings and 23.15% of its cash flow as dividends.

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INN Dividend Payments by Quarter

The chart below displays up to four years of Summit Hotel Properties' dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

INN Dividend Yield Over Time

The chart below tracks Summit Hotel Properties' dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Summit Hotel Properties vs. The Competition

Compare Summit Hotel Properties' annual dividend, yield, and 3-year growth rate with averages for Finance and NYSE companies to evaluate its performance against the market.

TypeSummit Hotel PropertiesFinance CompaniesNYSE Companies
Annual Dividend$0.32$0.02$1.39
Dividend Yield4.80%5.94%3.68%
Annualized 3-Year Dividend Growth0.00%12.29%12.29%

Summit Hotel Properties Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings3,200.00%
Based on This Year's Estimate35.96%
Based on Next Year's Estimate36.36%
Based on Cashflow23.50%

Summit Hotel Properties Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
10/24/2024Quarterly$0.08 - 5.14%11/15/202411/15/202411/29/2024
7/25/2024Quarterly$0.08 - 5.24%8/16/20248/16/20248/30/2024
5/1/2024Quarterly$0.08+$0.02
33.33%
5.18%5/16/20245/17/20245/31/2024
1/25/2024Quarterly$0.06 - 3.56%2/14/20242/15/20242/29/2024
10/26/2023quarterly$0.06 - 4.5%11/15/202311/16/202311/30/2023
7/27/2023Quarterly$0.06 - 3.79%8/16/20238/17/20238/31/2023
4/27/2023Quarterly$0.06+$0.02
50.00%
3.73%5/16/20235/17/20235/31/2023
1/26/2023Quarterly$0.04 - 1.92%2/13/20232/14/20232/28/2023

This table shows Summit Hotel Properties' quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Summit Hotel Properties Dividend - Frequently Asked Questions

The current dividend yield for Summit Hotel Properties is 4.80%. Learn more on INN's dividend yield history.

The annual dividend for INN shares is $0.32. Learn more on INN's annual dividend history.

Summit Hotel Properties pays quarterly dividends to shareholders.

Summit Hotel Properties's most recent quarterly dividend payment of $0.08 per share was made to shareholders on Friday, November 29, 2024.

Summit Hotel Properties's most recent ex-dividend date was Friday, November 15, 2024.

The most recent change in the company's dividend was an increase of $0.02 on Wednesday, May 1, 2024.

The dividend payout ratio for INN is:
  • 3,200.00% based on the trailing year of earnings
  • 35.96% based on this year's estimates
  • 36.36% based on next year's estimates
  • 23.50% based on cash flow

Summit Hotel Properties' dividend yield of 4.83% is lower than the average Finance company that issues a dividend. Summit Hotel Properties' dividend payout ratio of 3,200.00% may not be sustainable. However, based on earnings estimates, INN will have a more sustainable dividend payout ratio of 36.36% next year.


This page (NYSE:INN) was last updated on 1/15/2025 by MarketBeat.com Staff
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