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Summit Hotel Properties Declares Cash Dividends for Q2 2025

On August 1, 2025, Summit Hotel Properties, Inc. (NYSE: INN) made a significant announcement regarding its financial distributions for the second quarter of 2025. The Board of Directors has authorized a cash dividend of $0.08 per share of common stock and common units of limited partnership interest in Summit Hotel OP, LP, marking a robust commitment to returning value to its shareholders.

This dividend represents an annual yield of approximately 6.1% based on the closing stock price from July 31, 2025. Such a figure illustrates the company's strong financial health and commitment to shareholder returns.

In addition to the common stock dividends, the company is also declaring preferred stock dividends. This includes $0.390625 per share for the 6.25% Series E Cumulative Redeemable Preferred Stock, and $0.3671875 per share for the 5.875% Series F Cumulative Redeemable Preferred Stock. Both of these dividends are scheduled to be paid out on August 29, 2025, to stockholders on record as of August 15, 2025.

Moreover, there are cash distributions pertaining to the operating partnership’s unregistered 5.25% Series Z Cumulative Perpetual Preferred Units, which are set at $0.328125 per unit for the upcoming distribution period ending on August 31, 2025. This further emphasizes Summit’s strategic approach in maximizing returns through diversified equity structures.

About Summit Hotel Properties

Summit Hotel Properties, Inc. operates as a publicly-traded real estate investment trust (REIT) that focuses on premium-branded lodging properties primarily in the upscale market segment. As of the end of July 2025, the company boasts an impressive portfolio consisting of 97 assets across 25 states, providing 14,577 guestrooms. This extensive reach within the hospitality industry underlines Summit’s operational effectiveness and emphasis on quality.

Summit Hotel Properties combines a strategic acquisition model with efficient operations, positioning itself favorably in a competitive market. The emphasis on both shareholder returns and portfolio robustness reflects the company’s dual mission: to achieve stable growth and sustain investor confidence. For additional insights about the company’s strategic vision and operations, interested parties can visit their official website at www.shpreit.com or follow them on social media platforms, including X (formerly Twitter), at @SummitHotel_INN.

Forward-Looking Statements

This announcement contains forward-looking statements as defined by the securities laws. Such statements include projections about dividend payments, operational results, and market performance. While the company believes these projections reflect realistic expectations based on present evaluations and the economic landscape, various factors could alter actual outcomes significantly. These may include economic conditions, competitive positioning within the hotel industry, and overarching market dynamics.

As shareholders look ahead, it’s vital to remain informed about developments within the company and the broader industry. Through transparency and a focus on sustained profitability, Summit Hotel Properties continues to uphold its reputation as a viable investment opportunity in the real estate market.