INN - Dividend announcements

AUSTIN, Texas, April 23, 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 first quarter ended March 31, 2026, 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 first quarter common dividend represents an annualized dividend yield of 6.8 percent based on the closing price of shares of the common stock on April 22, 2026.

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.

AUSTIN, Texas, Nov. 11, 2025 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE:INN) (the "Company") today announced the publication of its annual Corporate Responsibility Report, which represents the Company's ongoing commitment to creating long-term shareholder value by investing responsibly, safeguarding the environment, and supporting its employees, communities, and other stakeholders.  "I'm proud to share the significant progress we have made on our Corporate Responsibility and Sustainability program," said Jonathan P. Stanner, President and Chief Executive Officer of Su

AUSTIN, Texas, Oct. 31, 2025 /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 third quarter ended September 30, 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 third quarter common dividend represents an annualized dividend yield of 6.1 percent based on the closing price of shares of the common stock on October 30, 2025.

AUSTIN, Texas, Aug. 1, 2025 /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 second quarter ended June 30, 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 second quarter common dividend represents an annualized dividend yield of 6.1 percent based on the closing price of shares of the common stock on July 31, 2025.

AUSTIN, Texas, April 24, 2025 /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 first quarter ended March 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 first quarter common dividend represents an annualized dividend yield of 8.2 percent based on the closing price of shares of the common stock on April 23, 2025.

AUSTIN, Texas, Jan. 23, 2025 /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, 2024, 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 4.8 percent based on the closing price of shares of the common stock on January 22, 2025.

AUSTIN, Texas, Oct. 24, 2024 /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 third quarter ended September 30, 2024, 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 third quarter common dividend represents an annualized dividend yield of 5.2 percent based on the closing price of shares of the common stock on October 23, 2024.

AUSTIN, Texas, Sept. 11, 2024 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE:INN) (the "Company") today announced the publication of its annual Corporate Responsibility Report, which presents the Company's ongoing commitment to creating long-term shareholder value by investing responsibly, safeguarding the environment, and supporting its employees, communities, and other stakeholders. "I am pleased to share the continued  progress  we made in advancing our Environmental, Social, and Governance (ESG) program and initiatives over the past year.  We recognize that the ESG la

AUSTIN, Texas, July 25, 2024 /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 second quarter ended June 30, 2024, 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 second quarter common dividend represents an annualized dividend yield of 5.4 percent based on the closing price of shares of the common stock on July 24, 2024.

AUSTIN, Texas, Jan. 25, 2024 /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, 2023, of $0.06 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 3.6 percent based on the closing price of shares of the common stock on January 24, 2024.

AUSTIN, Texas, Sept. 20, 2023 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE:INN) (the "Company") today announced that its joint venture with GIC, Singapore's sovereign wealth fund, has successfully completed the refinancing of its $200 million senior credit facility (the "Credit Facility"), which is comprised of a $125 million revolving credit facility (the "$125 Million Revolver") and a $75 million term loan (the "$75 Million Term Loan"). "We greatly appreciate the continued support from our lending partners and are extremely pleased with this credit facility refinancin

AUSTIN, Texas, Sept. 12, 2023 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE:INN) (the "Company") today announced the publication of its annual Corporate Responsibility Report for 2023, which presents the Company's ongoing commitment to creating long-term value for the business and industry by investing responsibly in safeguarding the environment and supporting its employees, communities, and other stakeholders.  "We are pleased to publish an updated report detailing our significant progress regarding environmental, social, and governance initiatives.  Over the past year,

AUSTIN, Texas, July 27, 2023 /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 second quarter ended June 30, 2023, of $0.06 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 second quarter common dividend represents an annualized dividend yield of 3.9 percent based on the closing price of shares of the common stock on July 26, 2023.

AUSTIN, Texas, June 22, 2023 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE:INN) (the "Company") today announced that it has successfully completed the refinancing of its $600 million senior unsecured credit facility (the "Credit Facility"), which is comprised of a $400 million senior unsecured revolving credit facility (the "Revolver") and $200 million senior unsecured term loan (the "Term Loan"). "We greatly appreciate the ongoing support of our lending partners and are extremely pleased with the execution of this credit facility refinancing.  The credit facility furthe

AUSTIN, Texas, April 27, 2023 /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 first quarter ended March 31, 2023, of $0.06 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 first quarter common dividend represents an increase of $0.02 per share, or 50 percent, over the prior quarter's common dividend and an annualized dividend yield of 3.9 percent based on the closing price of shares of the common stock on April 26, 2023.

AUSTIN, Texas, Jan. 26, 2023 /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, 2022, of $0.04 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 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 Redeema

AUSTIN, Texas, Oct. 28, 2022 /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 third quarter ended September 30, 2022, of $0.04 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 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 Redeema

AUSTIN, Texas, April 29, 2022 /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 of $0.390625 per share of the Company's 6.25% Series E Cumulative Redeemable Preferred Stock for the dividend period ending on May 31, 2022, 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 May 31, 2022. The Board of Directors has also authorized, and the Company has decla

AUSTIN, Texas, Jan. 28, 2022 /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 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, 2022, 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, 2022. The Board of Directors has also authorized, and the Compa

AUSTIN, Texas, Oct. 29, 2021 /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 of $0.390625 per share of the Company's 6.25% Series E Cumulative Redeemable Preferred Stock for the dividend period ending on November 30, 2021, and a cash dividend of $0.440625 per share of the Company's 5.875% Series F Cumulative Redeemable Preferred Stock for the dividend period ending on November 30, 2021. The dividends are payable on November 30, 2021 to holders of

AUSTIN, Texas, Aug. 5, 2021 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE:INN) (the "Company") today provided notice to the record holders (the "Notice of Redemption") of the Company's 6.45% Series D Cumulative Redeemable Preferred Stock (the "Series D Preferred Stock") of the redemption, subject to completion of the Company's public underwritten offering of 5.875% Series F Cumulative Redeemable Preferred Stock (the "Series F Offering"), of all 3,000,000 of the issued and outstanding shares of Series D Preferred Stock. The cash redemption amount (the "Redemption Amount") for each share of Series D Preferred Stock is $25.00, plus accrued and unpaid dividends to, but not including, the r

AUSTIN, Texas, July 30, 2021 /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 of $0.403125 per share of the Company's 6.45% Series D Cumulative Redeemable Preferred Stock for the dividend period ending on August 31, 2021, and 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 August 31, 2021. The dividends are payable on August 31, 2021 to holders of reco

AUSTIN, Texas, April 30, 2021 /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 of $0.403125 per share of the Company's 6.45% Series D Cumulative Redeemable Preferred Stock for the dividend period ending on May 31, 2021, and 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 May 31, 2021. The dividends are payable on May 28, 2021 to holders of record as of Ma

AUSTIN, Texas, Jan. 29, 2021 /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 of $0.403125 per share of the Company's 6.45% Series D Cumulative Redeemable Preferred Stock for the dividend period ending on February 28, 2021, and 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, 2021. The dividends are payable on February 26, 2021 to holders of record as of February 12, 2021. About Summit Hotel Properties Summit Hotel Properties, Inc. is a publicly-traded r