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Summit Hotel Properties Declares Fourth Quarter 2025 Dividends

On January 22, 2026, Summit Hotel Properties, Inc. (NYSE: INN) disclosed its latest financial decisions regarding shareholder dividends during a board meeting. The Board of Directors has officially approved a cash dividend of $0.08 per share for the fourth quarter that concluded on December 31, 2025. This dividend, which extends to shares of common stock and common units of limited partnership interest, indicates an encouraging annualized dividend yield of 6.6%, calculated against the closing price of the common stock on January 21, 2026.

In addition to the common stock dividends, the Board has also sanctioned cash dividends for preferred stockholders. Specifically, a cash dividend of $0.390625 per share will be provided for the Company’s 6.25% Series E Cumulative Redeemable Preferred Stock for the dividend period ending February 28, 2026. Furthermore, a dividend of $0.3671875 per share for the 5.875% Series F Cumulative Redeemable Preferred Stock is approved for the same ending period.

Aside from common and preferred stock dividends, the Board has also revealed cash distributions for the operating partnership. An amount of $0.328125 per unit will be distributed related to the unregistered 5.25% Series Z Cumulative Perpetual Preferred Units, with the same dividend period concluding on February 28, 2026.

These dividends are set to be distributed on February 27, 2026, to all shareholders recorded by February 13, 2026. This move reflects the company’s commitment to delivering value to its investors, reinforcing Summit Hotel Properties’ position in the competitive hotel real estate market.

About Summit Hotel Properties, Inc.

Summit Hotel Properties is a publicly listed real estate investment trust (REIT) with a robust focus on acquiring and managing premium-branded lodging properties. Specializing particularly in the upscale segment, the company prides itself on effective operational strategies. As of now, Summit boasts a diverse portfolio containing 95 assets, of which 52 are wholly owned, comprising a total of 14,348 guestrooms across 24 states. This figures illustrate the expansive reach and operational capacity of the company, indicative of its strong market presence.

The declared dividends and strong operating results suggest that Summit Hotel Properties is in a solid position to continue benefiting its stakeholders as the hospitality sector seeks recovery and growth following the global pandemic. For more information, shareholders and interested investors are encouraged to visit Summit Hotel Properties' official website or follow the company on X (formerly Twitter) at @SummitHotel_INN.

Forward-Looking Statements

This announcement includes forward-looking statements characterized by terms like 'may,' 'will,' 'should,' and similar expressions as defined under relevant securities law regulations. Such statements pertain to anticipated dividends and potential future developments. However, they are inherently subject to uncertainties and market conditions which may cause actual outcomes to differ significantly from those expressed or implied in these statements. Several factors influencing this include fluctuating economic conditions, industry demand, and competitive landscapes, as elaborated in the Company's filings with the Securities and Exchange Commission including the annual report for 2024. The Company does not undertake any obligation to revise any forward-looking assertions based on new developments, except as mandated by law.