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| INN Ex-Dividend Reminder - 11/15/23By Dividend Channel Staff, Monday, November 13, 10:02 AM ET
On 11/15/23, Summit Hotel Properties Inc (NYSE:INN) will trade ex-dividend, for its quarterly dividend of $0.06, payable on 11/30/23. As a percentage of INN's recent stock price of $5.88, this dividend works out to approximately 1.02%, so look for shares of Summit Hotel Properties Inc to trade 1.02% lower — all else being equal — when INN shares open for trading on 11/15/23. Below is a dividend history chart for INN, showing historical dividends prior to the most recent $0.06 declared by Summit Hotel Properties Inc: In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from INN is likely to continue, and whether the current estimated yield of 4.08% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of INN shares, versus its 200 day moving average:
Looking at the chart above, INN's low point in its 52 week range is $5.31 per share, with $8.805 as the 52 week high point — that compares with a last trade of $5.92. Special Offer: Receive our best dividend ideas directly to your inbox each afternoon with the Dividend Channel Premium Newsletter
In Monday trading, Summit Hotel Properties Inc shares are currently down about 1.3% on the day.
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