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Chatham Lodging Trust (Chatham Lodging Trust) 3-Year Dividend Growth Rate : 8.40% (As of Mar. 2024)


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What is Chatham Lodging Trust 3-Year Dividend Growth Rate?

Chatham Lodging Trust's Dividends per Share for the three months ended in Mar. 2024 was $0.07.

The historical rank and industry rank for Chatham Lodging Trust's 3-Year Dividend Growth Rate or its related term are showing as below:

CLDT' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -62.4   Med: 9.15   Max: 33.9
Current: 8.4

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Chatham Lodging Trust was 33.90% per year. The lowest was -62.40% per year. And the median was 9.15% per year.

CLDT's 3-Year Dividend Growth Rate is ranked better than
71.31% of 502 companies
in the REITs industry
Industry Median: 2.3 vs CLDT: 8.40

During the past 12 months, Chatham Lodging Trust's average Dividends Per Share Growth Rate was 300.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 8.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Chatham Lodging Trust's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00. As of today, Chatham Lodging Trust's Dividend Yield % is 3.05%.

Good Sign:

Chatham Lodging Trust stock dividend yield is close to 3-year high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Chatham Lodging Trust's 3-Year Dividend Growth Rate

For the REIT - Hotel & Motel subindustry, Chatham Lodging Trust's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Chatham Lodging Trust's 3-Year Dividend Growth Rate Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Chatham Lodging Trust's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Chatham Lodging Trust's 3-Year Dividend Growth Rate falls into.



Chatham Lodging Trust 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Chatham Lodging Trust  (NYSE:CLDT) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Chatham Lodging Trust's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0.07/ -0.147
=N/A

During the past 13 years, the highest Dividend Payout Ratio of Chatham Lodging Trust was 2.87. The lowest was 1.54. And the median was 1.75.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Chatham Lodging Trust Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0700002024-03-272024-03-282024-04-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.0700002023-12-282023-12-292024-01-16Cash DividendquarterlyUSD:USD 1.000000
USD 0.0700002023-09-282023-09-292023-10-16Cash DividendquarterlyUSD:USD 1.000000
USD 0.0700002023-06-292023-06-302023-07-17Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Chatham Lodging Trust's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.28/9.17
=3.05 %

Current Share Price is $9.17.
Chatham Lodging Trust's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.28.

During the past 13 years, the highest Dividend Yield of Chatham Lodging Trust was 28.09%. The lowest was 0.49%. And the median was 5.57%.

Good Sign:

Chatham Lodging Trust stock dividend yield is close to 3-year high.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Chatham Lodging Trust 3-Year Dividend Growth Rate Related Terms>


Chatham Lodging Trust (Chatham Lodging Trust) Business Description

Industry
Traded in Other Exchanges
N/A
Address
222 Lakeview Avenue, Suite 200, West Palm Beach, FL, USA, 33401
Chatham Lodging Trust is a U.S.-based real estate investment trust that invests in upscale extended-stay hotels. The firm operates across various states in the U.S., including California, New York, Texas, Florida, Minnesota, Massachusetts, and Pennsylvania among others. Substantially all of the company's assets are held and operated by its Operating Partnership, Chatham Lodging, LP. Chatham Lodging LP and its subsidiaries lease the overall company's hotels. The firm operates through a single segment because of the similar economic characteristics of its hotels. Chatham's revenue streams include Room, Food and beverage, and Other. Room comprises the majority of total revenue. Chatham's hotels operate under major brands, including Hilton, Marriott, and Hyatt.
Executives
Ethel Issacs Williams director 222 LAKEVIEW AVE, SUITE 200, WEST PALM BEACH FL 33401
Dennis M Craven officer: EVP & Chief Financial Officer 850 RIDGE LAKE BLVD, STE 300, MEMPHIS TN 38120
Jeffrey H Fisher director, officer: Chairman, President and CEO 50 COCOANUT ROW, SUITE 200, PALM BEACH FL 33480
David Grissen director 10400 FERNWOOD ROAD, BETHESDA MD 20817
Robert D Perlmutter director THE MACERICH COMPANY, 401 WILSHIRE BLVD., SUITE 700, SANTA MONICA CA 90401
C Gerald Goldsmith director 50 COCOANUT ROW, SUITE 200, PALM BEACH FL 33480
Mary Elizabeth Higgins director 3525 E. POST ROAD #120, LAS VEGAS NV 89120
Peter Willis officer: EVP & Chief Investment Officer 50 COCOANUT ROW, SUITE 200, PALM BEACH FL 33480
Brewer Edwin B Jr director C/O EDUCATION REALTY TRUST, INC., 999 SOUTH SHADY GROVE ROAD, SUITE 600, MEMPHIS TN 38120
Jeremy Bruce Wegner officer: Chief Financial Officer 8000 PORTOFINO CIRCLE, APARTMENT 101, PALM BEACH GARDENS FL 33418
Chatham Lodging Trust officer: Chief Financial Officer 222 LAKEVIEW AVENUE, SUITE 200, WEST PALM BEACH FL 33401
Joel F Zemans director 50 COCOANUT ROW, SUITE 200, PALM BEACH FL 33480
Miles L Berger director
Julio E Morales officer: EVP, Chief Financial Officer 3 BETHESDA METRO CENTER, SUITE 1000, BETHESDA MD 20814
Thomas J Crocker director 433 PLAZA REAL STE 335, BOCA RATON FL 33432

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