Summit Hotel Properties (Summit Hotel Properties) Dividend Yield %

: 6.45% (As of Today)

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As of today (2024-04-23), the Trailing Annual Dividend Yield of Summit Hotel Properties is 6.45%.

Good Sign:

Summit Hotel Properties Inc stock dividend yield is close to 3-year high.

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

INNpD.PFD' s Dividend Yield % Range Over the Past 10 Years
Min: 0.47 Med: 4.16 Max: 21.43
Current: 6.45

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

INNpD.PFD's Dividend Yield % is ranked worse than
85.6% of 840 companies
in the REITs industry
Industry Median: 7.145 vs INNpD.PFD: 6.45

Summit Hotel Properties's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00.

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.

As of today (2024-04-23), the Forward Dividend Yield % of Summit Hotel Properties is 6.45%.

Summit Hotel Properties's Dividends per Share for the three months ended in Dec. 2023 was $0.00.

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 Yield % Historical Data

The historical data trend for Summit Hotel Properties's Dividend Yield % 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.

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Summit Hotel Properties Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Yield %

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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 Yield %	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison

For the REIT - Hotel & Motel subindustry, Summit Hotel Properties's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Dividend Yield % Distribution

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

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

Summit Hotel Properties Dividend Yield % Calculation

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

Summit Hotel Properties (NYSE:INNpD.PFD) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.

Summit Hotel Properties Dividend Yield % Related Terms

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Summit Hotel Properties (Summit Hotel Properties) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Summit Hotel Properties Inc (NYSE:INNpD.PFD) » Definitions » Dividend Yield %

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INNpE.PFD:USA INN: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.