Chatham Lodging Trust Reinstates Common Dividend, Declares Preferred Dividend

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Dec 08, 2022

Chatham Lodging Trust (NYSE: CLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels and owns 39 hotels, today announced that it has reinstated a fourth quarter common dividend, its first since early 2020. Chatham announced that its board of trustees declared a common share dividend of $0.07 per common share, as well as a preferred share dividend of $0.41406 per share, payable on January 17, 2023, to shareholders of record as of December 30, 2022.