Austin – October 29, 2026 -- Summit Hotel Properties, Inc. (NYSE: INN) declared a third-quarter common dividend of $0.08 per share, an annualized yield of 4.6% based on the October 26, 2026 closing share price.
The same $0.08 amount applies per common unit of limited partnership interest in Summit Hotel OP, LP, the company's operating partnership. The quarter ended September 30, 2026.
Summit's board declares dividends on two preferred stock series
The board declared $0.390625 per share on the 6.25% Series E Cumulative Redeemable Preferred Stock for the dividend period ending November 30, 2026. It also declared $0.3671875 per share on the 5.875% Series F Cumulative Redeemable Preferred Stock for the same period.
Operating partnership distributes $0.328125 per Series Z preferred unit
On behalf of the operating partnership, the company declared a distribution of $0.328125 per unit on its unregistered 5.25% Series Z Cumulative Perpetual Preferred Units. The distribution period also ends November 30, 2026.
All payments are due November 30 to holders of record on November 16
The common, Series E, Series F and Series Z payouts are all payable November 30, 2026, to holders of record as of November 16, 2026.
The company's forward-looking statements on dividend payments cite the state of the U.S. economy and supply and demand in the hotel industry as key risks.