Summit Hotel Properties (Summit Hotel Properties) Dividend Payout Ratio : 0.00 (As of Dec. 2023)

View and export this data going back to 2011. Start your Free Trial

What is Summit Hotel Properties Dividend Payout Ratio?

Summit Hotel Properties's dividend payout ratio for the months ended in Dec. 2023 was 0.00.

The historical rank and industry rank for Summit Hotel Properties's Dividend Payout Ratio or its related term are showing as below:

During the past 13 years, the highest Dividend Payout Ratio of Summit Hotel Properties was 3.19. The lowest was 0.80. And the median was 1.82.

INN's Dividend Payout Ratio is not ranked ^*
in the REITs industry.
Industry Median: 1.01
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2024-05-01), the Dividend Yield % of Summit Hotel Properties is 4.01%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Summit Hotel Properties was 21.43%. The lowest was 0.47%. And the median was 4.16%.

Summit Hotel Properties's Dividends per Share for the months ended in Dec. 2023 was $0.06.

During the past 12 months, Summit Hotel Properties's average Dividends Per Share Growth Rate was 175.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 6.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Summit Hotel Properties was 17.90% per year. The lowest was -51.90% per year. And the median was 6.90% per year.

The growth rate is calculated with least square regression.

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

Summit Hotel Properties Dividend Payout Ratio Historical Data

The historical data trend for Summit Hotel Properties's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Summit Hotel Properties Dividend Payout Ratio Chart

Summit Hotel Properties Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

Get a 7-Day Free Trial

2.94

Summit Hotel Properties Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Summit Hotel Properties's Dividend Payout Ratio

For the REIT - Hotel & Motel subindustry, Summit Hotel Properties's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

Summit Hotel Properties's Dividend Payout Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Summit Hotel Properties's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Summit Hotel Properties's Dividend Payout Ratio falls into.

Summit Hotel Properties Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Summit Hotel Properties's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.22	/	-0.143
	=	N/A

Summit Hotel Properties's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.06	/	-0.036
	=	N/A

Summit Hotel Properties (NYSE:INN) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Summit Hotel Properties Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Summit Hotel Properties's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Summit Hotel Properties (Summit Hotel Properties) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Summit Hotel Properties Inc (NYSE:INN) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

INNpE.PFD:USA

Address

13215 Bee Cave Parkway, Suite B-300, Austin, TX, USA, 78738

Website

https://www.shpreit.com

Summit Hotel Properties Inc is a U.S.-based hotel investment company focusing on select-service hotels in the upscale and upper-midscale properties in the U.S. Substantially all of Summit's assets are held and operated by its Operating Partnership, Summit Hotel OP, LP, in which the company holds general and limited partnership interests. The firm has one segment in activities related to investing in real estate. Summit's revenue streams include Room and Other hotel operations revenue. Room comprises the majority of total revenues. The firm's hotels are located in various markets, such as corporate offices, retail centers, airports, state capitols, convention centers, and leisure attractions. Summit's hotels operate under brands, including Marriott, Hilton, Hyatt, and Holiday Inn.

Executives

Hope S Taitz	director	C/O ATHENE HOLDING LTD., WASHINGTON HOUSE, 16 CHURCH STREET, HAMILTON D0 HM 11
Jonathan P Stanner	officer: EVP & Chief Financial Officer	12600 HILL COUNTRY BLVD, SUITE R-100, AUSTIN TX 78738
Mehulkumar Bhikhubhai Patel	director	2117 KIMBALL HILL CT, SOUTHLAKE TX 76092
Newcrestimage Holdings, Llc	10 percent owner	1785 STATE HIGHWAY 26, SUITE 400, GRAPEVINE TX 76051
Bright Force Investment, Llc	10 percent owner	/C/O NEWCRESTIMAGE HOLDINGS, LLC, 1785 STATE HIGHWAY 26, SUITE 400, GRAPEVINE TX 76051
Daniel P Hansen	director, officer: President and CEO	4808 FLORENCE ST, BELLAIRE TX 77401
Craig J Aniszewski	officer: EVP and COO	119 STORMY POINTE LN, MOORESVILLE NC 28117
William Higgins Conkling	officer: EVP & Chief Financial Officer	13215 BEE CAVE PARKWAY, SUITE B-300, AUSTIN TX 78738
Amina Belouizdad	director	13215 BEE CAVE PARKWAY, SUITE B-300, AUSTIN TX 78783
Paul Ruiz	officer: SVP & Chief Accounting Officer	3200 WILCREST DRIVE SUITE 370, HOUSTON TX 77042
Jeffrey W Jones	director	P O BOX 7, VAIL CO 81658
Kenneth J Kay	director	3355 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Greg A Dowell	officer: Executive VP & CFO	805 LAS CIMAS PARKWAY, SUITE 400, AUSTIN TX 78746
Thomas W. Storey	director	2701 S. MINNESOTA AVENUE, SUITE 6, SIOUX FALLS SD 57105
Wayne Wielgus	director	10750 COLUMBIA PIKE, SILVER SPRING MD 20901