Featured MNV Articles:
|KBWY Crosses Below Key Moving Average Level
Thursday, July 6, 3:58 PM ET, by Market News Video Staff
In trading on Thursday, shares of the PowerShares KBW Premium Yield Equity REIT Portfolio ETF ...
Summit Hotel Properties Becomes Oversold
Thursday, August 3, 11:36 AM ET, by Market News Video Staff
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, ...
Ex-Dividend Reminder: Consolidated Edison, CenterPoint Energy and Summit Hotel Properties
Thursday, August 10, 10:23 AM ET, by Market News Video Staff
On 8/14/17, Consolidated Edison Inc (ED), CenterPoint Energy, Inc (CNP), and Summit Hotel Properties Inc ...
Summit Hotel Properties Series D Cumulative Redeemable Preferred Stock About To Put More Money In Your Pocket
Thursday, August 10, 2:20 PM ET, by Market News Video Staff
On 8/14/17, Summit Hotel Properties Inc's 6.45% Series D Cumulative Redeemable Preferred Stock (INN.PRD) will ...
Summit Hotel Properties' Series C Preferred Stock Crosses Above 7% Yield Territory
Monday, August 14, 2:10 PM ET, by Market News Video Staff
In trading on Monday, shares of Summit Hotel Properties Inc's 7.125% Series C Cumulative Redeemable ...
INN Dividend Yield Pushes Above 5%
By Dividend Channel Staff, Tuesday, January 8, 3:34 PM ET
In trading on Tuesday, shares of Summit Hotel Properties Inc (NYSE:INN) were yielding above the 5% mark based on its quarterly dividend (annualized to $0.45), with the stock changing hands as low as $8.97 on the day. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable share of the stock market's total return. To illustrate, suppose for example you purchased shares of the iShares Russell 3000 ETF (IWV) back on 5/31/2000 — you would have paid $78.27 per share. Fast forward to 5/31/2012 and each share was worth $77.79 on that date, a loss of $0.48 or 0.6% decrease over twelve years. But now consider that you collected a whopping $10.77 per share in dividends over the same period, increasing your return to 13.15%. Even with dividends reinvested, that only amounts to an average annual total return of about 1.0%; so by comparison collecting a yield above 5% would appear considerably attractive if that yield is sustainable. Summit Hotel Properties Inc (NYSE:INN) is a member of the Russell 3000, giving it special status as one of the largest 3000 companies on the U.S. stock markets.
In general, dividend amounts are not always predictable and tend to follow the ups and downs of profitability at each company. In the case of Summit Hotel Properties Inc, looking at the history chart for INN below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 5% annual yield.
Special Offer: Receive our best dividend ideas directly to your inbox each afternoon with the Dividend Channel Premium Newsletter
According to the ETF Finder at ETF Channel, INN makes up 2.65% of the KBW Premium Yield Equity REIT Portfolio ETF (NASDAQ:KBWY) which is trading relatively unchanged on the day Tuesday.
See what other ETFs contain INN »
See what other stocks are held by KBWY »
This Article's Word Cloud: