INN Summit Hotel Properties dividend history, payout ratio & dates
Summit Hotel Properties's last dividend was on Nov 15, 2024 (ex-date) with a distribution of $0.08 per share. At an annualized rate of $0.3 per share, the stock yields 4.82%.
Key dates
- INN last dividend date: Nov 15, 2024
INN dividend stats
vs. Real Estate sector
Dividend yield
Summit Hotel Properties's dividend yield of 4.82% is higher than the industry average but lower than the Real Estate sector average. If we compare it with the Real Estate sector average of 5.99%, Summit Hotel Properties's dividend yield is 20% lower.
Dividend history
Summit Hotel Properties has a long dividend history, including the last two consecutive years with dividend payouts. INN has issued four quarterly dividends in the last twelve months. The annualized DPS marks an increase of 36% since one year ago. And with the stock price up by 0.5% from a year ago, the dividend yield marks an increase of 36%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Nov 15, 2024 | $0.08 | 4.85% |
| Aug 16, 2024 | $0.08 | 4.29% |
| May 16, 2024 | $0.08 | 4.28% |
| Feb 14, 2024 | $0.06 | 3.76% |
| Nov 15, 2023 | $0.06 | 3.49% |
| Aug 16, 2023 | $0.06 | 3.56% |
| May 16, 2023 | $0.06 | 2.69% |
| Feb 13, 2023 | $0.04 | 1.46% |
| Nov 15, 2022 | $0.04 | 0.98% |
| Aug 16, 2022 | $0.04 | 0.45% |
| Feb 13, 2020 | $0.18 | 6.22% |
| Nov 14, 2019 | $0.18 | 6.03% |
| Aug 15, 2019 | $0.18 | 6.53% |
| May 16, 2019 | $0.18 | 5.88% |
| Feb 13, 2019 | $0.18 | 6.44% |
| Nov 15, 2018 | $0.18 | 6.58% |
| Aug 15, 2018 | $0.18 | 5.24% |
| May 15, 2018 | $0.18 | 4.85% |
| Feb 15, 2018 | $0.18 | 4.81% |
| Nov 15, 2017 | $0.17 | 4.5% |
| Aug 14, 2017 | $0.17 | 4.4% |
| May 12, 2017 | $0.17 | 3.87% |
| Feb 10, 2017 | $0.163 | 3.72% |
| Nov 14, 2016 | $0.163 | 3.82% |
| Aug 12, 2016 | $0.133 | 3.57% |
| May 12, 2016 | $0.133 | 3.95% |
| Feb 11, 2016 | $0.118 | 5.03% |
| Nov 12, 2015 | $0.118 | 3.57% |
| Aug 12, 2015 | $0.118 | 3.84% |
| May 13, 2015 | $0.118 | 3.58% |
| Feb 11, 2015 | $0.118 | 3.63% |
Summit Hotel Properties dividend payout ratio
Payout ratio
Summit Hotel Properties's payout ratio of 428.6% is above the Real Estate sector and the industry average. In comparison with its Real Estate sector average of 121%, Summit Hotel Properties's payout ratio is 254% higher.
Total amount of dividends paid per financial year (from cash flow)
INN dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| CHMI Cherry Hill Mortgage Investment Corp | 23.62% | $0.6 | N/A |
| CIO City Office REIT Inc | 7.87% | $0.4 | N/A |
| INN Summit Hotel Properties Inc | 4.82% | $0.3 | 428.6% |
| SPG Simon Property Group Inc | 4.35% | $7.9 | 105.1% |
Frequently asked questions
Does Summit Hotel Properties pay a dividend?
Yes, Summit Hotel Properties has been paying dividends for the last two years.
When was INN's last dividend?
Summit Hotel Properties's last regular dividend was on Nov 15, 2024 (ex-date) with the amount of $0.08 per share.
How much dividend does Summit Hotel Properties pay (per share)?
INN's annualized dividend per share is $0.3.
What is Summit Hotel Properties's dividend yield?
Currently Summit Hotel Properties's dividend yield is 4.82%.
How often does Summit Hotel Properties pay dividends?
Summit Hotel Properties pays four dividends per year.
What is Summit Hotel Properties's dividend payout ratio?
Summit Hotel Properties's dividend payout ratio is 428.6%.
Does Summit Hotel Properties pay a good dividend?
Summit Hotel Properties's dividend yield is less than the Real Estate sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.