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Summit Hotel Properties Declares Third Quarter 2025 Dividends

On October 31, 2025, Summit Hotel Properties, Inc. (NYSE: INN), a prominent player in the lodging industry, made an important announcement regarding its financial performance. The Company’s Board of Directors has authorized a cash dividend of $0.08 per share of common stock for the third quarter ended September 30, 2025. This declaration indicates a robust annualized dividend yield of 6.1 percent, calculated based on the closing price of the shares on October 30, 2025.

Overview of Dividends and Preferred Stock

In addition to the common stock dividends, the Board approved separate cash dividends for preferred stockholders. Holders of the Company’s 6.25% Series E Cumulative Redeemable Preferred Stock will receive $0.390625 per share for the dividend period ending on November 30, 2025. Furthermore, shareholders of the 5.875% Series F Cumulative Redeemable Preferred Stock will see a cash dividend of $0.3671875 per share for the same period.

Moreover, the operating partnership, Summit Hotel OP, LP, will dispense cash distributions amounting to $0.328125 per unit concerning its unregistered 5.25% Series Z Cumulative Perpetual Preferred Units for the distribution period concluding on November 30, 2025.

All dividends and distributions are set to be paid on November 28, 2025, to those listed as holders of record by November 14, 2025. This strategic distribution demonstrates the Company’s commitment to rewarding its investors, enhancing their confidence and trust in Summit Hotel Properties.

Company Background

Summit Hotel Properties focuses on acquiring and managing premium-branded lodging facilities, primarily in the Upscale segment of the hotel industry. As of the end of the third quarter in 2025, the Company proudly boasts a portfolio comprising 97 properties across 25 states, with a total of 14,577 guestrooms.

This strategic positioning allows Summit Hotel to leverage operational efficiency and capitalize on market opportunities, thus driving shareholder value. Their focus resonates well with investors looking for steady returns in a competitive marketplace.

Summit Hotel Properties has maintained a strong performance trajectory, which is evident from its consistent dividend payouts and proactive communication with investors. The Company remains transparent about its operational strategies and financial projections, reflecting its stability within the rapidly evolving landscape of the hospitality sector.

For more information on financial outcomes and investor relations, individuals can visit the Company’s website at www.shpreit.com or engage with them on social platforms like X, formerly known as Twitter, at @SummitHotel_INN.

Looking Ahead

As the Company continues to navigate through a plethora of challenges posed by the hospitality landscape, its strategic approach to dividend declarations reinforces the importance of investor relations and financial integrity. The forward-looking nature of Summit Hotel Properties is evident in its preparedness to adapt to market changes while consistently delivering value to its shareholders.

This strong focus on dividends not only helps in sustaining shareholder loyalty but also plays a critical role in shaping the company's image as a reliable entity amidst the shifting tides of the lodging industry.

In conclusion, the declaration of cash dividends for the third quarter of 2025 is a testament to Summit Hotel Properties’ commitment to financial health and long-term growth ambitions. As the Company progresses into the future, all eyes will be on how these dividends affect overall market position and shareholder sentiment.