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

Summit Hotel Properties logo
$6.98 +0.41 (+6.24%)
(As of 12/3/2024 ET)

Dividend Summary

Dividend Yield
4.58%
Annual Dividend
$0.32
Annualized 3-Year
Dividend Growth
32.57%
Dividend Payout Ratio
3,200.00%
Recent
Dividend Payment
Nov. 29
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Summit Hotel Properties vs. The Competition

TypeSummit Hotel PropertiesFinance CompaniesNYSE Companies
Annual Dividend$0.32$1.82$1.56
Dividend Yield4.58%1,034.71%343.29%
Annualized 3-Year Dividend Growth32.57%12.93%15.84%

Summit Hotel Properties Dividend Payout Ratio

TypePayout Ratio
Based on Trailing 12 Months of Earnings3,200.00%
Based on This Year's Estimates35.96%
Based on Next Year's Estimates36.36%
Based on Cashflow22.01%

Summit Hotel Properties Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
10/24/2024Quarterly$0.085.14%11/15/202411/15/202411/29/2024
7/25/2024Quarterly$0.085.24%8/16/20248/16/20248/30/2024
5/1/2024Quarterly$0.085.18%5/16/20245/17/20245/31/2024
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 4.58%. Learn more on INN's dividend yield history.

How much is Summit Hotel Properties's annual dividend?

The annual dividend for INN shares is $0.32. 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 $0.08 per share was made to shareholders on Friday, November 29, 2024.

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

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

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 Wednesday, May 1, 2024.

What is Summit Hotel Properties's dividend payout ratio?
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
  • 22.01% based on cash flow
Is Summit Hotel Properties a good dividend stock?

Summit Hotel Properties' dividend yield of 4.87% 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 12/4/2024 by MarketBeat.com Staff
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